Castle Rock Wealth Management LLC lowered its stake in Alger 35 ETF (NYSEARCA:ATFV – Free Report) by 22.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,931 shares of the company’s stock after selling 18,147 shares during the quarter. Castle Rock Wealth Management LLC owned about 0.51% of Alger 35 ETF worth $2,581,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. bought a new stake in Alger 35 ETF in the 2nd quarter valued at approximately $805,000. Integrated Wealth Concepts LLC lifted its position in shares of Alger 35 ETF by 32.5% in the second quarter. Integrated Wealth Concepts LLC now owns 43,018 shares of the company’s stock worth $1,782,000 after purchasing an additional 10,546 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in Alger 35 ETF by 21.3% during the second quarter. NewEdge Advisors LLC now owns 285,103 shares of the company’s stock worth $11,809,000 after purchasing an additional 50,147 shares during the last quarter. Fermata Advisors LLC bought a new position in Alger 35 ETF in the second quarter valued at $249,000. Finally, CFO Capital Management LLC increased its stake in Alger 35 ETF by 5.8% in the 1st quarter. CFO Capital Management LLC now owns 61,747 shares of the company’s stock valued at $1,937,000 after buying an additional 3,384 shares during the last quarter.
Alger 35 ETF Stock Performance
ATFV traded up $0.60 on Friday, hitting $41.03. 965,307 shares of the company were exchanged, compared to its average volume of 47,465. The stock’s fifty day moving average is $40.03 and its 200-day moving average is $38.44. 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 $495.23 million, a PE ratio of 29.96 and a beta of 1.33.
About Alger 35 ETF
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.
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