Alger 35 ETF $ATFV Shares Sold by Moneco Advisors LLC

Moneco Advisors LLC lessened its stake in shares of Alger 35 ETF (NYSEARCA:ATFV) by 30.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 66,594 shares of the company’s stock after selling 29,014 shares during the quarter. Moneco Advisors LLC owned approximately 0.23% of Alger 35 ETF worth $2,709,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Fermata Advisors LLC increased its stake in shares of Alger 35 ETF by 15.8% in the third quarter. Fermata Advisors LLC now owns 6,950 shares of the company’s stock worth $283,000 after buying an additional 950 shares during the period. Onyx Bridge Wealth Group LLC boosted its position in Alger 35 ETF by 8.5% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 16,720 shares of the company’s stock valued at $680,000 after buying an additional 1,305 shares during the period. Avior Wealth Management LLC boosted its position in Alger 35 ETF by 18.6% during the 3rd quarter. Avior Wealth Management LLC now owns 16,274 shares of the company’s stock valued at $662,000 after buying an additional 2,550 shares during the period. Trek Financial LLC boosted its position in Alger 35 ETF by 57.9% during the 3rd quarter. Trek Financial LLC now owns 8,555 shares of the company’s stock valued at $348,000 after buying an additional 3,137 shares during the period. Finally, CFO Capital Management LLC boosted its position in Alger 35 ETF by 5.8% during the 1st quarter. CFO Capital Management LLC now owns 61,747 shares of the company’s stock valued at $1,937,000 after buying an additional 3,384 shares during the period.

Alger 35 ETF Stock Up 2.5%

Shares of Alger 35 ETF stock opened at $35.41 on Thursday. The firm has a market cap of $713.16 million, a PE ratio of 24.59 and a beta of 1.34. Alger 35 ETF has a 12-month low of $29.73 and a 12-month high of $42.00. The company’s fifty day simple moving average is $38.83 and its two-hundred day simple moving average is $37.34.

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.