Alger Concentrated Equity ETF (NYSEARCA:CNEQ) to Issue $0.04 Dividend

Alger Concentrated Equity ETF (NYSEARCA:CNEQ) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Investors of record on Wednesday, December 18th will be paid a dividend of 0.0411 per share on Tuesday, December 31st. The ex-dividend date is Wednesday, December 18th.

Alger Concentrated Equity ETF Stock Down 3.6 %

Alger Concentrated Equity ETF stock traded down $0.97 during trading hours on Wednesday, reaching $25.96. 1,984 shares of the company were exchanged, compared to its average volume of 10,700. Alger Concentrated Equity ETF has a 12 month low of $18.69 and a 12 month high of $27.20. The stock has a 50-day moving average of $25.04 and a 200 day moving average of $23.02.

Alger Concentrated Equity ETF Company Profile

The Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.