How have CNEQ shares performed in 2024?

Alger Concentrated Equity ETF's stock was trading at $20.02 on January 1st, 2024. Since then, CNEQ shares have decreased by 3.3% and is now trading at $19.35. 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 .

NYSEARCA:CNEQ

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

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$19.35

-0.06 (-0.31%)

(As of 04:10 PM ET)

Compare

Today's Range: $19.33
▼
$19.37
50-Day Range: N/A
52-Week Range: $18.69
▼
$20.31

Volume: 385 shs
Average Volume: 10,780 shs
Market Capitalization: $3.39 million

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

Stock Analysis Chart

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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

30 days | 90 days | 365 days | Advanced Chart

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
Stock Exchange: NYSEARCA
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: N/A

Miscellaneous

Outstanding Shares: 175,000
Beta: 1.73
Creation Fee: $100.00

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Alger Concentrated Equity ETF Expenses

Type	CNEQ	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%	0.57%	0.58%