4,237 Shares in Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) Acquired by Fred Alger Management LLC

Fred Alger Management LLC acquired a new stake in Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 4,237 shares of the company’s stock, valued at approximately $99,000.

Alger AI Enablers & Adopters ETF Stock Up 1.2 %

ALAI opened at $26.27 on Monday. The business has a 50-day moving average of $24.46 and a 200-day moving average of $22.58. Alger AI Enablers & Adopters ETF has a fifty-two week low of $18.45 and a fifty-two week high of $26.31.

Alger AI Enablers & Adopters ETF Profile

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.