Shares of Alger Mid Cap 40 ETF (NYSEARCA:FRTY – Get Free Report) traded up 1.1% during trading on Thursday . The stock traded as high as $16.50 and last traded at $16.28. 18,269 shares were traded during trading, an increase of 92% from the average session volume of 9,493 shares. The stock had previously closed at $16.10.
Alger Mid Cap 40 ETF Stock Up 0.2 %
The firm has a market capitalization of $34.74 million, a price-to-earnings ratio of 60.83 and a beta of 1.39. The firm’s 50 day moving average is $15.77 and its 200 day moving average is $14.60.
Alger Mid Cap 40 ETF Company Profile
The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that is based on the Russell Midcap Growth index. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is managed by Alger.
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