Alger 35 ETF $ATFV Shares Bought by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its holdings in shares of Alger 35 ETF (NYSEARCA:ATFV) by 1,186.9% in the 1st quarter, Holdings Channel reports. The fund owned 234,956 shares of the company’s stock after acquiring an additional 216,699 shares during the quarter. NewEdge Advisors LLC owned 0.06% of Alger 35 ETF worth $7,371,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Alger 35 ETF in the third quarter valued at approximately $83,000. Global Retirement Partners LLC acquired a new position in Alger 35 ETF during the fourth quarter worth $182,000. Citadel Advisors LLC acquired a new position in Alger 35 ETF during the third quarter worth $227,000. Integrated Wealth Concepts LLC purchased a new stake in Alger 35 ETF in the 3rd quarter valued at $249,000. Finally, Harbour Investments Inc. grew its holdings in Alger 35 ETF by 3,458.7% in the 4th quarter. Harbour Investments Inc. now owns 8,541 shares of the company’s stock valued at $298,000 after buying an additional 8,301 shares in the last quarter.

Alger 35 ETF Trading Down 0.2%

Alger 35 ETF stock opened at $39.57 on Tuesday. The company has a 50-day moving average price of $39.27 and a 200 day moving average price of $36.48. Alger 35 ETF has a 12-month low of $29.73 and a 12-month high of $42.00. The stock has a market cap of $233.46 million, a P/E ratio of 29.96 and a beta of 1.32.

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.