Alger Mid Cap 40 ETF (FRTY) Price, Holdings, & News

ETF Overview

The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that is based on the Russell Midcap Growth index. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is managed by Alger.

Key Stats

• Today's Range: $17.61 to $17.78
• 50-Day Range: $14.19 to $17.82
• 52-Week Range: $13.56 to $21.14
• Volume: 10,082 shs
• Average Volume: 37,907 shs
• Market Capitalization: $85.99 million
• Assets Under Management: $82.92 million
• Dividend Yield: 0.11%
• Net Expense Ratio: 0.60%
• Aggregate Rating: Moderate Buy

FRTY ETF - Frequently Asked Questions

How have FRTY shares performed this year?

Alger Mid Cap 40 ETF's stock was trading at $18.70 at the beginning of 2025. Since then, FRTY stock has decreased by 5.2% and is now trading at $17.73.
View the best growth stocks for 2025 here.

Who are Alger Mid Cap 40 ETF's major shareholders?

Alger Mid Cap 40 ETF's top institutional shareholders include Fred Alger Management LLC (5.91%) and Creative Financial Designs Inc. ADV (1.47%).

How do I buy shares of Alger Mid Cap 40 ETF?

Shares of FRTY 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.

What other stocks do shareholders of Alger Mid Cap 40 ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Alger Mid Cap 40 ETF investors own include Roku (ROKU), Shopify (SHOP), Pinterest (PINS), DocuSign (DOCU), Fiverr International (FVRR), Opendoor Technologies (OPEN) and Skillz (SKLZ).

Fund Details

• Issuer: Fred Alger Management
• Fund Name: Alger Mid Cap 40 ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:FRTY
• Inception Date: 3/1/2021
• Fund Manager: Amy Y. Zhang
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Size and Style
• Focus: Mid Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 41

Fund Statistics

• Assets Under Management: $82.92 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.12%

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

Options

• Optionable: N/A
• Short Interest: 1,200 shs

Miscellaneous

• Outstanding Shares: 4,850,000
• Beta: 1.04
• Creation Unit: 12,500
• Creation Fee: $160.00