Alger Weatherbie Enduring Growth ETF (AWEG)
Alger Weatherbie Enduring Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $22.55, down 0.04% on the session, giving a market capitalisation of $5.2M. Its beta of 1.22 implies it has historically moved more than the broad market.
This fund primarily allocates its capital to equity securities of mid-capitalization, growth-oriented companies. A core requirement is that these companies must hold an environmental, social, and governance (ESG) rating of at least 'medium,' as evaluated by Sustainalytics, an independent ESG assessment firm, at the time of purchase. Typically, based on net assets, at least 80% of the portfolio will comprise companies with a Sustainalytics ESG rating. The fund operates under a non-diversified investment strategy.
Alger Weatherbie Enduring Growth ETF is most often compared with the following Financial Services names: