Castle Rock Wealth Management LLC Increases Holdings in Alger 35 ETF $ATFV

Castle Rock Wealth Management LLC grew its holdings in Alger 35 ETF (NYSEARCA:ATFV) by 97.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 80,078 shares of the company’s stock after acquiring an additional 39,546 shares during the period. Castle Rock Wealth Management LLC’s holdings in Alger 35 ETF were worth $3,203,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its stake in shares of Alger 35 ETF by 977.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 25,224 shares of the company’s stock valued at $960,000 after buying an additional 22,883 shares during the period. Vista Investment Partners II LLC purchased a new stake in Alger 35 ETF in the fourth quarter worth $3,360,000. CFO Capital Management LLC purchased a new stake in Alger 35 ETF in the fourth quarter worth $2,035,000. Mountain Capital Investment Advisors Inc. boosted its holdings in Alger 35 ETF by 25.4% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 1,058,318 shares of the company’s stock valued at $37,083,000 after acquiring an additional 214,661 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in Alger 35 ETF by 1,186.9% in the first quarter. NewEdge Advisors LLC now owns 234,956 shares of the company’s stock valued at $7,371,000 after acquiring an additional 216,699 shares in the last quarter.

Alger 35 ETF Trading Down 1.5%

Shares of Alger 35 ETF stock opened at $38.82 on Friday. Alger 35 ETF has a 12-month low of $29.73 and a 12-month high of $42.00. The company has a market cap of $229.04 million, a P/E ratio of 29.96 and a beta of 1.32. The company’s fifty day simple moving average is $39.32 and its two-hundred day simple moving average is $36.41.

Alger 35 ETF Profile

The Alger 35 ETF (ATFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model. ATFV was launched on May 3, 2021 and is managed by Alger.