Alger Mid Cap 40 ETF (FRTY)

NYSEARCA: FRTY · Real-Time Price · USD
22.73
-0.12 (-0.53%)
Oct 3, 2025, 4:00 PM EDT - Market closed
-0.53%
Assets$127.44M
Expense Ratio0.60%
PE Ratio54.97
Shares Out5.48M
Dividend (ttm)$0.02
Dividend Yield0.08%
Ex-Dividend DateDec 18, 2024
Payout Frequencyn/a
Payout Ratio4.55%
Volume148,271
Open22.91
Previous Close22.85
Day's Range22.62 - 23.03
52-Week Low13.56
52-Week High23.03
Beta1.10
Holdings42
Inception DateFeb 26, 2021

About FRTY

Fund Home Page

The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that mostly invests in mid cap equity. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is issued by Alger.

Asset Class Equity
Category Mid-Cap Growth
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FRTY
ETF Provider Alger

Top 10 Holdings

47.12% of assets
NameSymbolWeight
AppLovin CorporationAPP7.99%
Dreyfus Trsy Oblig Cash Mgmt Cl Insn/a6.20%
Nebius Group N.V.NBIS5.17%
Robinhood Markets, Inc.HOOD4.88%
Talen Energy CorporationTLN4.71%
CoreWeave, Inc.CRWV3.87%
FTAI Aviation Ltd.FTAI3.68%
Cloudflare, Inc.NET3.64%
Roblox CorporationRBLX3.55%
Comfort Systems USA, Inc.FIX3.46%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 18, 2024$0.01882Dec 31, 2024
Dec 16, 2021$1.0687Dec 31, 2021
Full Dividend History

Performance

FRTY had a total return of 32.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.

News

FRTY: Growth-Focused ETF With Ambitious Premise But Questionable Returns

I am initiating coverage of the Alger Mid Cap 40 ETF with a Hold rating. Benchmarked against the ​Russell MidCap Growth Index, FRTY is growth-oriented, with just 40 stocks in the portfolio. Though hav...

12 days ago - Seeking Alpha

SPIVA 2025 Mid-Year Report Throws Spotlight on Active SMIDcap Funds

Halftime in 2025 threw a spotlight on active small- and midcap funds via the SPIVA U.S. Mid-Year 2025 report. The trend of active ETF launches is outpacing their passive peers this year.

4 weeks ago - ETF Trends

FRTY: A Focused Mid Cap Growth ETF Throwing Caution To The Wind

FRTY is a focused mid-cap growth ETF comprised of 40 U.S. stocks undergoing "Positive Dynamic Change". Its ER is 0.60% after waivers and the ETF has $85 million in AUM. FRTY's current holdings are inc...

4 months ago - Seeking Alpha

Why Now For U.S. Equity Income?

US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023.

1 year ago - Seeking Alpha