Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Shopify (NYSE:SHOP), Arista Networks (NYSE:ANET), Palo Alto Networks (NASDAQ:PANW), CrowdStrike Holdings (NASDAQ:CRWD), Marvell Technology (NASDAQ:MRVL), Freeport-McMoran (NYSE:FCX), Datadog (NASDAQ:DDOG), Zscaler (NASDAQ:ZS).
Industry description
The investment seeks long-term capital growth.
The fund is an actively-managed exchange-traded fund (“ETF”) that will invest primarily in equity securities, including common stock or American depositary receipts (“ADRs”) of companies that Spear Advisors LLC (the “Adviser”) believes are poised to benefit from breakthrough innovation in industrial technology. The Adviser defines “innovation in industrial technology” as those technological developments that are transforming or have the potential to transform the industrial sector. It is non-diversified.
Market Cap
The average market capitalization across the Spear Alpha ETF ETF is 182.75B. The market cap for tickers in the group ranges from 4.63B to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is ALTM at 4.63B.
High and low price notable news
The average weekly price growth across all stocks in the Spear Alpha ETF ETF was -5%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was 3%. SHOP experienced the highest price growth at 25%, while U experienced the biggest fall at -15%.
Volume
The average weekly volume growth across all stocks in the Spear Alpha ETF ETF was 24%. For the same stocks of the ETF, the average monthly volume growth was 16% and the average quarterly volume growth was -10%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 68
P/E Growth Rating: 67
Price Growth Rating: 43
SMR Rating: 72
Profit Risk Rating: 48
Seasonality Score: 24 (-100 ... +100)