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NYSEARCA:ALAI

Alger AI Enablers & Adopters ETF (ALAI) Price, Holdings, & News

$21.99
+0.15 (+0.69%)
(As of 06/13/2024 ET)
Today's Range
$21.95
$22.00
50-Day Range
$18.54
$21.99
52-Week Range
$18.45
$22.00
Volume
5,331 shs
Average Volume
6,299 shs
Market Capitalization
$4.95 million
Assets Under Management
N/A
Dividend Yield
N/A
Net Expense Ratio
0.55%

About Alger AI Enablers & Adopters ETF

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.

ALAI Stock Price History

ALAI ETF News Headlines

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Fund Details

Issuer
Fred Alger Management
Fund Name
Alger AI Enablers & Adopters ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:ALAI
Inception Date
4/5/2024
Fund Manager
Patrick Kelly
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$0.00
Average Daily Volume
$0.00
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
Fred Alger Management, LLC
Advisor
Fred Alger Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Alger LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Miscellaneous

Beta
1.99
Creation Fee
$100.00
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Alger AI Enablers & Adopters ETF Expenses

TypeALAITheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.57%0.54%0.51%0.51%
Other Expenses0.57%0.71%0.54%0.64%0.58%
Total Expense1.02%0.72%0.70%0.74%0.70%
Fee Waiver-0.47%-0.74%-0.54%-0.68%-0.56%
Net Expense0.55%0.60%0.60%0.58%0.58%

Alger AI Enablers & Adopters ETF (ALAI)


ALAI ETF - Frequently Asked Questions

How have ALAI shares performed in 2024?

Alger AI Enablers & Adopters ETF's stock was trading at $19.96 at the beginning of 2024. Since then, ALAI stock has increased by 10.2% and is now trading at $21.9936.
View the best growth stocks for 2024 here
.

What does ALAI invest in?

Alger AI Enablers & Adopters ETF is a equity fund issued by Fred Alger Management. ALAI focuses on theme investments.

What is the management fee for Alger AI Enablers & Adopters ETF?

Alger AI Enablers & Adopters ETF's management fee is 0.45% and has other expenses of 0.57%. However, ALAI has a fee waiver of -0.47% to reimburse the expenses. The net expense ratio for ALAI is 0.55%.

How do I buy shares of Alger AI Enablers & Adopters ETF?

Shares of ALAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:ALAI) was last updated on 6/14/2024 by MarketBeat.com Staff

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