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NYSEARCA:CNEQ

Alger Concentrated Equity ETF (CNEQ) Price, Holdings, & News

$21.04
+0.28 (+1.35%)
(As of 05/24/2024 08:00 PM ET)
Today's Range
$21.00
$21.04
50-Day Range
N/A
52-Week Range
$18.69
$21.04
Volume
1,100 shs
Average Volume
10,700 shs
Market Capitalization
$4.73 million
Assets Under Management
N/A
Dividend Yield
N/A
Net Expense Ratio
0.55%

About Alger Concentrated Equity ETF

The Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.

CNEQ Stock Price History

CNEQ ETF News Headlines

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Fund Details

Issuer
Fred Alger Management
Fund Name
Alger Concentrated Equity ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:CNEQ
Inception Date
4/5/2024
Fund Manager
Ankur Crawford
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
Virtu Financial

Miscellaneous

Beta
1.73
Creation Fee
$100.00
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Alger Concentrated Equity ETF Expenses

TypeCNEQNYSEARCA ETFsAll ETFs
Management Fee0.45%0.51%0.51%
Other Expenses0.57%0.64%0.58%
Total Expense1.02%0.74%0.70%
Fee Waiver-0.47%-0.68%-0.57%
Net Expense0.55%0.58%0.58%

Alger Concentrated Equity ETF (CNEQ)


CNEQ ETF - Frequently Asked Questions

How have CNEQ shares performed in 2024?

Alger Concentrated Equity ETF's stock was trading at $20.02 at the beginning of the year. Since then, CNEQ stock has increased by 5.1% and is now trading at $21.04.
View the best growth stocks for 2024 here
.

What is the management fee for Alger Concentrated Equity ETF?

Alger Concentrated Equity ETF's management fee is 0.45% and has other expenses of 0.57%. However, CNEQ has a fee waiver of -0.47% to reimburse the expenses. The net expense ratio for CNEQ is 0.55%.

How do I buy shares of Alger Concentrated Equity ETF?

Shares of CNEQ 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:CNEQ) was last updated on 5/27/2024 by MarketBeat.com Staff

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