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Alger Concentrated Equity ETF (CNEQ): ETF

ETF traded on ARCX under symbol CNEQ. Quoted in usd.

Alger Concentrated Equity ETF logo

Alger Concentrated Equity ETF

+2.08%$35.34
ARCX:CNEQEquity
AUM $5.37B·YTD --·Yield --
Alger Concentrated Equity ETF logoARCX:CNEQ$35.34+2.08%
About CNEQ

The Alger Concentrated Equity ETF primarily invests its capital in the stock of large-capitalization companies. These firms are selected by the portfolio manager for their perceived substantial growth prospects. A minimum of one-quarter of the fund's total assets will be allocated to enterprises within a specific group of interrelated sectors, as defined by independent classification systems. These industries encompass: software; technology hardware, storage, and peripherals; semiconductors and semiconductor equipment; information technology services; electronic equipment, instruments, and components; communications equipment; broadline retail; and interactive media and services. This fund operates as a non-diversified investment vehicle.

Largest holdings

  1. NVDA NVIDIA CORP USD 0.00114.20%
  2. MSFT MICROSOFT COM USD0.000006259.38%
  3. TSM TAIWAN SEMICONDUCTOR M TWD 10.0 ADR5.89%
  4. GOOG ALPHABET INC CLASS C5.59%
  5. DREYFUS TRSY OBLIG CASH MGMT CL INS5.53%
  6. AMZN AMAZON COM INC USD 0.014.70%
  7. AAPL APPLE INC USD 0.000014.67%
  8. TLN TALEN ENERGY CORP NEW USD 0.0014.00%
  9. META META PLATFORMS INC USD 0.0000063.49%
  10. AVGO BROADCOM INC NPV3.33%
Full holdings, sectors and countries
Dividend History
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Total Invested
$70,000
Final Portfolio
$109,665
Total Return
+$39,665
(+56.7%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$5.37B
NAV$35.29
Premium/Discount+0.14%
Expense Ratio0.56%
Market Cap$741.01M
Shares Outstanding18.71M
Inception DateApr. 4, 2024
Fund Details
IssuerAlger
Asset ClassEquity
Beta1.72
SectorFinancial Services
DomicileUS
52-Week Range
$29.47$42.15
Current: $35.34
Volume
Volume256.30K
Avg Volume215.63K
Vol/Avg1.19x

30d

274.14K

60d

246.35K

90d

245.34K

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