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 shares have decreased by 5.1% and is now trading at $18.9485. View the best growth stocks for 2024 here .

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 .

NYSEARCA:ALAI

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

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$18.95

-0.04 (-0.21%)

(As of 05/1/2024 ET)

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Today's Range: $18.93
▼
$19.30
50-Day Range: N/A
52-Week Range: $18.45
▼
$20.32

Volume: 3,086 shs
Average Volume: 10,483 shs
Market Capitalization: $3.32 million

Assets Under Management: N/A
Dividend Yield: N/A
Net Expense Ratio: 0.55%

Stock Analysis Chart

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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

30 days | 90 days | 365 days | Advanced Chart

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
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:ALAI
Inception Date: 4/5/2024
Fund Manager: Patrick Kelly
Web: N/A
Phone: N/A

Fund Focus

Asset Class
Benchmark: N/A
Category
Focus
Development Level
Region
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: N/A

Miscellaneous

Outstanding Shares: 175,000
Beta: 1.99
Creation Fee: $100.00

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Alger AI Enablers & Adopters ETF Expenses

Type	ALAI	NYSEARCA ETFs	All ETFs
Management Fee	0.45%	0.50%	0.51%
Other Expenses	0.57%	0.64%	0.58%
Total Expense	1.02%	0.74%	0.70%
Fee Waiver	-0.47%	-0.68%	-0.57%
Net Expense	0.55%	0.58%	0.58%