NYSEARCA:FRTY

Alger Mid Cap 40 ETF (FRTY) Price, Holdings, & News

$15.74
+0.25 (+1.61%)
(As of 04/26/2024 ET)
Today's Range
$15.63
$15.75
50-Day Range
$14.43
$16.52
52-Week Range
$11.30
$16.52
Volume
2,154 shs
Average Volume
9,106 shs
Market Capitalization
$33.53 million
Assets Under Management
$29.16 million
Dividend Yield
0.00%
Net Expense Ratio
0.60%
FRTY stock logo

About Alger Mid Cap 40 ETF (NYSEARCA:FRTY)

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.

FRTY Stock Price History

FRTY ETF News Headlines

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Fund Details

Issuer
Fred Alger Management
Fund Name
Alger Mid Cap 40 ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FRTY
Inception Date
3/1/2021
Fund Manager
Amy Y. Zhang
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Size and Style
Focus
Mid Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
0

Fund Statistics

Assets Under Management
$29.16 million
Average Daily Volume
$0.00
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
Fred Alger Management, LLC
Advisor
Fred Alger Management, LLC
Custodian
Brown Brothers Harriman & Co.
Distributor
Alger LLC
Transfer Agent
Brown Brothers Harriman & Co.
Trustee
N/A
Lead Market Maker
Virtu Financial

Miscellaneous

Beta
1.34
Creation Unit
12,500
Creation Fee
$160.00
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Alger Mid Cap 40 ETF Expenses

TypeFRTYMid Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.50%0.34%0.54%0.50%0.51%
Other Expenses0.90%0.36%0.54%0.64%0.58%
Total Expense1.40%0.46%0.70%0.74%0.70%
Fee Waiver-0.80%-0.46%-0.55%-0.68%-0.57%
Net Expense0.60%0.37%0.60%0.58%0.58%

Alger Mid Cap 40 ETF (FRTY) Holdings


FRTY ETF - Frequently Asked Questions

How have FRTY shares performed in 2024?

Alger Mid Cap 40 ETF's stock was trading at $13.48 at the start of the year. Since then, FRTY stock has increased by 16.8% and is now trading at $15.74.
View the best growth stocks for 2024 here
.

What does FRTY invest in?

Alger Mid Cap 40 ETF is a equity fund issued by Fred Alger Management. FRTY focuses on mid cap investments. The fund's investments total to approximately $29.16 million assets under management.

What stocks does Alger Mid Cap 40 ETF hold?
What is the management fee for Alger Mid Cap 40 ETF?

Alger Mid Cap 40 ETF's management fee is 0.50% and has other expenses of 0.90%. However, FRTY has a fee waiver of -0.80% to reimburse the expenses. The net expense ratio for FRTY is 0.60%.

How do I buy shares of Alger Mid Cap 40 ETF?

Shares of FRTY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FRTY) was last updated on 4/26/2024 by MarketBeat.com Staff

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