Alger Mid Cap 40 ETF (FRTY)
| Assets | $108.62M |
| Expense Ratio | 0.60% |
| PE Ratio | 33.30 |
| Shares Out | 5.38M |
| Dividend (ttm) | $0.02 |
| Dividend Yield | 0.09% |
| Ex-Dividend Date | Dec 18, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 3.07% |
| Volume | 17,248 |
| Open | 20.56 |
| Previous Close | 20.44 |
| Day's Range | 19.81 - 20.56 |
| 52-Week Low | 13.56 |
| 52-Week High | 21.14 |
| Beta | 1.08 |
| Holdings | 42 |
| Inception Date | Feb 26, 2021 |
About FRTY
Fund Home PageThe 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.
Top 10 Holdings
44.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Formula One Group | FWONK | 5.37% |
| Dreyfus Trsy Oblig Cash Mgmt Cl Ins | n/a | 5.20% |
| Talen Energy Corporation | TLN | 5.07% |
| HEICO Corporation | HEI.A | 4.75% |
| AppLovin Corporation | APP | 4.74% |
| Robinhood Markets, Inc. | HOOD | 4.33% |
| Roblox Corporation | RBLX | 3.85% |
| Cloudflare, Inc. | NET | 3.80% |
| Natera, Inc. | NTRA | 3.52% |
| Vertiv Holdings Co | VRT | 3.48% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.01882 | Dec 31, 2024 |
| Dec 16, 2021 | $1.0687 | Dec 31, 2021 |
Performance
FRTY had a total return of 27.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.55%.
News
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.
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...
