Alger Mid Cap 40 ETF (NYSEARCA:FRTY – Get Free Report)’s stock price rose 1.2% on Wednesday . The company traded as high as $16.01 and last traded at $16.01. Approximately 4,085 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 15,393 shares. The stock had previously closed at $15.83.
Alger Mid Cap 40 ETF Trading Up 1.2 %
The business’s 50-day simple moving average is $15.95 and its two-hundred day simple moving average is $15.93. The company has a market capitalization of $34.11 million, a PE ratio of 60.83 and a beta of 1.39.
About Alger Mid Cap 40 ETF
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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