Castle Rock Wealth Management LLC Sells 18,147 Shares of Alger 35 ETF $ATFV

Castle Rock Wealth Management LLC decreased its holdings in shares of Alger 35 ETF (NYSEARCA:ATFV) by 22.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,931 shares of the company’s stock after selling 18,147 shares during the quarter. Castle Rock Wealth Management LLC’s holdings in Alger 35 ETF were worth $2,581,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. acquired a new position in shares of Alger 35 ETF in the second quarter valued at $805,000. Integrated Wealth Concepts LLC lifted its stake in shares of Alger 35 ETF by 32.5% during the 2nd 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. NewEdge Advisors LLC boosted its holdings in shares of Alger 35 ETF by 21.3% during the 2nd quarter. NewEdge Advisors LLC now owns 285,103 shares of the company’s stock worth $11,809,000 after buying an additional 50,147 shares during the period. Fermata Advisors LLC acquired a new position in Alger 35 ETF in the 2nd quarter valued at about $249,000. Finally, CFO Capital Management LLC raised its holdings in Alger 35 ETF by 5.8% in the 1st quarter. CFO Capital Management LLC now owns 61,747 shares of the company’s stock valued at $1,937,000 after acquiring an additional 3,384 shares during the period.

Alger 35 ETF Trading Up 1.5%

ATFV stock traded up $0.60 during mid-day trading on Friday, hitting $41.03. 965,307 shares of the company were exchanged, compared to its average volume of 47,465. Alger 35 ETF has a 1-year low of $29.73 and a 1-year high of $42.00. The stock has a market capitalization of $495.23 million, a PE ratio of 29.96 and a beta of 1.33. The business has a 50 day simple moving average of $40.03 and a 200-day simple moving average of $38.44.

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.