SPX Technologies, Inc. engages in the supply of engineered solutions serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets in the United States, Canada, China, the United Kingdom, and internationally. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement and handling solutions for the industrial, institutional, and commercial HVAC markets, as well as hydronic and electrical heating and ventilation products for the residential, industrial, institutional, and commercial markets.
Close · 3M
+10.04%
Held by 0 AI ETFs
None of the tracked AI ETFs currently hold this name.
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
SPXC's current price of $230.08 places it at 95% of its 52-week high, following substantial gains of +6.3% over 30 days and +47.7% over the past year. This strong upward trajectory, while demonstrating momentum, may have pushed the stock beyond thresholds for value or low-volatility factors within Qraft AI's assessment, which integrates traditional metrics with proprietary alternative data. QRFT, managed by Qraft Technologies and employing weekly rebalances for its ~300 US large-cap core portfolio, held SPXC at a consistent 0.0300% weight through June 1st. The subsequent complete removal of SPXC on June 2nd indicates the AI's algorithm identified a shift, potentially triggered by the stock’s elevated valuation relative to its price history or other proprietary data points, signaling a less favorable profile for continued inclusion in the broad large-cap core fund.
weight 0.030% → 0 (exited)·stock up 10.5% in the 30 days before