Sax Wealth Advisors LLC acquired a new position in shares of Alger 35 ETF (NYSEARCA:ATFV – Free Report) during the third quarter, HoldingsChannel reports. The firm acquired 36,466 shares of the company’s stock, valued at approximately $1,484,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Fermata Advisors LLC acquired a new stake in shares of Alger 35 ETF in the 2nd quarter valued at approximately $249,000. Onyx Bridge Wealth Group LLC grew its stake in shares of Alger 35 ETF by 30.5% in the first quarter. Onyx Bridge Wealth Group LLC now owns 12,320 shares of the company’s stock valued at $386,000 after buying an additional 2,881 shares in the last quarter. Avior Wealth Management LLC increased its holdings in Alger 35 ETF by 18.6% during the third quarter. Avior Wealth Management LLC now owns 16,274 shares of the company’s stock worth $662,000 after buying an additional 2,550 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in Alger 35 ETF during the second quarter worth $805,000. Finally, Integrated Wealth Concepts LLC increased its holdings in Alger 35 ETF by 32.5% during the second quarter. Integrated Wealth Concepts LLC now owns 43,018 shares of the company’s stock worth $1,782,000 after buying an additional 10,546 shares during the last quarter.
Alger 35 ETF Trading Down 0.4%
NYSEARCA ATFV opened at $40.19 on Wednesday. The firm’s fifty day moving average price is $40.10 and its two-hundred day moving average price is $38.61. Alger 35 ETF has a 1 year low of $29.73 and a 1 year high of $42.00. The firm has a market capitalization of $492.73 million, a P/E ratio of 29.96 and a beta of 1.33.
Alger 35 ETF Company Profile
The Alger 35 ETF (ATFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model. ATFV was launched on May 3, 2021 and is managed by Alger.
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