Alger Mid Cap 40 ETF (FRTY)

NYSEARCA: FRTY · Real-Time Price · USD
22.52
-0.27 (-1.18%)
Oct 16, 2025, 4:00 PM EDT - Market closed
-1.18%
Assets$130.36M
Expense Ratio0.60%
PE Ratio56.10
Shares Out5.75M
Dividend (ttm)$0.02
Dividend Yield0.08%
Ex-Dividend DateDec 18, 2024
Payout Frequencyn/a
Payout Ratio4.62%
Volume17,238
Open23.03
Previous Close22.79
Day's Range22.41 - 23.03
52-Week Low13.56
52-Week High23.36
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

39.15% of assets
NameSymbolWeight
Nebius Group N.V.NBIS5.35%
Robinhood Markets, Inc.HOOD4.50%
Talen Energy CorporationTLN4.32%
CoreWeave, Inc.CRWV4.02%
FTAI Aviation Ltd.FTAI3.71%
Comfort Systems USA, Inc.FIX3.62%
Roblox CorporationRBLX3.60%
Cloudflare, Inc.NET3.58%
Vertiv Holdings CoVRT3.28%
AppLovin CorporationAPP3.17%
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 27.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.21%.

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...

23 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.

6 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...

5 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.

2 years ago - Seeking Alpha