Home » ETF » FRTY

FRTY - Alger Mid Cap 40 ETF

Stock Price: $19.71 USD -0.28 (-1.41%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
After-hours: $19.71 0.00 (0.00%) Apr 20, 8:00 PM
Assets $17.43M
NAV $19.92
Expense Ratio 0.50%
PE Ratio n/a
Beta (5Y) n/a
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -
Trading Day April 20
Last Price $19.71
Previous Close $20.00
Change ($) -0.28
Change (%) -1.41%
Day's Open 20.03
Day's Range 19.20 - 21.78
Day's Volume 200,797
52-Week Range 18.51 - 21.78

Fund Description

The investment seeks long-term capital appreciation. 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 Class
Equity
Inception Date
Feb 26, 2021
Exchange
NYSEARCA
Ticker Symbol
FRTY
Index Tracked
Russell Midcap Growth Index

News

Hide News

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...

3 weeks ago - ETF Trends

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...

1 month ago - ETF Trends