Alger 35 ETF (ATFV)
Alger 35 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $40.73, up 2.80% on the session, giving a market capitalisation of $48.4M. Its beta of 1.59 implies it has historically moved more than the broad market.
Under typical market conditions, the Alger 35 ETF (ATFV) constructs a focused portfolio, generally holding approximately 35 equity securities. These investments target companies, irrespective of their market capitalization, that the fund's Manager identifies as experiencing "Positive Dynamic Change." A significant portion of the fund's capital is allocated to technology companies, specifically those poised to capitalize on or drive technological improvements, advancements, or developments. The fund's equity holdings may comprise both common and preferred stocks. It operates as a non-diversified investment vehicle.
Alger 35 ETF is most often compared with the following Financial Services names: