Alger Mid Cap 40 ETF (FRTY)

NYSEARCA: FRTY · IEX Real-Time Price · USD
18.24 -0.21 (-1.14%)
Jan 19, 2022 4:00 PM EST - Market closed
Assets$35.59M
NAV$18.37
Expense Ratio0.60%
PE Ratio41.08
Shares Out1.94M
Dividend (ttm)$1.07
Dividend Yield5.86%
Ex-Dividend DateDec 16, 2021
1-Year Return-11.33%
Volume35,564
Open18.26
Previous Close18.45
Day's Range18.10 - 18.69
52-Week Low17.77
52-Week High17.77
Beta-2.45
Holdings41
Inception DateFeb 26, 2021

About FRTY

Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.

Asset ClassEquity
RegionNorth America
IssuerAlger
Stock ExchangeNYSEARCA
Ticker SymbolFRTY
Index TrackedRussell Midcap Growth Index

Top 10 Holdings

35.97% of assets
NameSymbolWeight
Upstart HoldingsUPST5.60%
Signature BankSBNY4.36%
InModeINMD4.19%
NateraNTRA3.66%
Herc HoldingsHRI3.65%
Match GroupMTCH3.15%
TaskUsTASK2.96%
Affirm HoldingsAFRM2.87%
US Foods HoldingUSFD2.87%
Genius SportsGENI2.64%
View More Holdings

Dividends

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

News

Active Funds Are Dominating 2021 ETF Launches

The first half of 2021 brought a torrid pace of exchange traded funds debuts, with 200 rookie ETFs coming to market. As CFRA Research Director of ETF & Mutual Fund Research Todd Rosenbluth points out, m...

6 months ago - ETF Trends

ETF of the Week: Alger Mid Cap 40 ETF (FRTY)

ETF Trends CEO Tom Lydon discussed the Alger Mid Cap 40 ETF (FRTY) on this week's “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. FRTY primarily invests in a focused portfolio of appro...

7 months ago - ETF Trends

Don't Dilute Your Dollars with an Index-Only Strategy

Traditional index fund investments may provide broad market exposure, but they may also dilute access to some of the best ideas on the market today. How can financial advisors safely invest their funds ...

7 months ago - ETF Trends

Inside Alger's New Active Mid Cap ETF

Earlier this month, Fred Alger Management, LLC (Alger) entered the exchange traded funds arena with the Alger Mid Cap 40 ETF (FRTY). The new ETF seeks to invest in 40 high-conviction mid cap growth equi...

9 months ago - ETF Trends

Alger Launches New Actively-Managed Mid-Cap ETF, ‘FRTY'

On Monday, Fred Alger Management, LLC (“Alger”), a leading growth equity investment manager, announced its release of the actively managed fund, the Alger Mid Cap 40 ETF (FRTY), marking the firm's entry...

10 months ago - ETF Trends