Alger Mid Cap 40 ETF (FRTY)
| Assets | $35.59M |
| NAV | $18.37 |
| Expense Ratio | 0.60% |
| PE Ratio | 41.08 |
| Shares Out | 1.94M |
| Dividend (ttm) | $1.07 |
| Dividend Yield | 5.86% |
| Ex-Dividend Date | Dec 16, 2021 |
| 1-Year Return | -11.33% |
| Volume | 35,564 |
| Open | 18.26 |
| Previous Close | 18.45 |
| Day's Range | 18.10 - 18.69 |
| 52-Week Low | 17.77 |
| 52-Week High | 17.77 |
| Beta | -2.45 |
| Holdings | 41 |
| Inception Date | Feb 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.
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...
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...
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 ...
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...
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...