Alger Mid Cap 40 ETF
NYSE Arca:FRTY

  • LAST PRICE
    20.03
  • TODAY'S CHANGE (%)
    -0.01 (-0.04%)
  • Bid / Lots
    20.00/ 2
  • Ask / Lots
    20.09/ 4
  • Open / Previous Close
    20.02 / 20.04
  • Day Range
    20.02
    20.09
  • 52 Week Range
    12.49
    20.30
  • Volume
    3,088
  • Overall Morningstar Rating
    out of 955 funds

Search Criteria

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CompanyCountrySymbol

Charts

Price Comparison Graph. See accessible table below
Data delayed at least 15 minutes.

Daily Premium/Discount

Bar Graph.See accessible table below
ETFs trading at a price higher than its Net Asset Value (NAV) is said to be trading at a premium, while those trading at price lower than its NAV is said to be at a discount. By showing the daily premium/discount percentage, we can see the trend in market sentiments, regarding the value of an ETF over time.

Holdings Diversification

Asset Class
US Stock		87.0%
Cash		11.5%
Non-US Stock		1.6%
Convertible		0
Non-US Bond		0
Other		0
Sectors
Technology24.0%
Industrials19.7%
Healthcare12.5%
Consumer Cyclical10.8%
Communication Services9.9%
Financial Serv.s6.6%
Utilities2.7%
Energy2.4%
Basic Mat.0
Consumer Defensive0
Real Estate0
Geographic Region
United States		98.2%
Latin America		0
Africa		0
Asia/Oceania		0
Canada		0
Europe		0
As of 2024-08-31

Top 10 Holdings

Company NamePositionAllocation
Allocation
1 Month Change
Market Value
HEI.A
Heico Corp Class A
Long
4.8%
+2.93%
$2.2M
FWONK
Liberty Formula One Group Registered Shs Series -C- Formula One
Long
4.8%
+16.35%
$2.2M
NTRA
Natera Inc
Long
4.6%
+27.88%
$2.1M
VLTO
Veralto Corp
Long
3.6%
+57.36%
$1.7M
VRT
Vertiv Holdings Co Class A
Long
3.5%
-10.38%
$1.6M
RGEN
Repligen Corp
Long
3.0%
+52.20%
$1.4M
SPOT
Spotify Technology SA
Long
2.9%
+13.68%
$1.4M
CEG
Constellation Energy Corp
Long
2.7%
+13.50%
$1.3M
FICO
Fair Isaac Corp
Long
2.7%
+37.74%
$1.2M
MANH
Manhattan Associates Inc
Long
2.6%
+28.40%
$1.2M
As of 2024-11-11

Reports

  • 11/10/24

    Morningstar ETF Report

    The Morningstar ETF Report offers in-depth analyst research on exchange-traded funds to help you evaluate these investments and how they fit within a portfolio.

Morningstar Ratings

Time HorizonStar Rating
Overall Rating
3 Year Rating
5 Year RatingNot Rated
10 Year RatingNot Rated
As of 2024-10-31

Past performance is no guarantee of future results. The ratings reflect historical risk-adjusted performance, and the overall rating is derived from a weight average of the fund's 3, 5, and 10 year (Morningstar Rating) metrics.

Style Box is calculated only using the long position holdings of the portfolio.

ETF Profile
Best Fit Index
Russell MidCap Growth TR USD
Category
Mid-Cap Growth
Sponsor
Fred Alger Management, LLC
Inception
February 26, 2021
As of 2024-08-31

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.

Holding Details
Total Net Assets$57.8M
Shares Out.3.6M
Net Asset Value (NAV)$19.95
Prem/Discount to NAV0.43%
P/E Ratio39.0
Dividend Yield---
Dividend per Share---
Ex-Dividend Date---
Dividend Payment Date---
Beta---
Morningstar Investment StyleMid-Cap Growth
Equity Style
Mid Cap Growth
Credit Quality / Duration
---
Fees & Expenses
Actual Management Fee0.50%
Actual Mgmt. Expense Ratio (MER)0.60%