tiprankstipranks

ALAI Price & Analysis

Compare

ALAI ETF Chart & Stats

ETF Overview

Alger AI Enablers & Adopters ETF

The Alger AI Enablers & Adopters ETF (ticker: ALAI) is a dynamic investment vehicle tailored for those looking to capitalize on the transformative power of artificial intelligence and robotics. Designed to capture the growth potential of companies at the forefront of technological innovation, ALAI is strategically positioned within the "Sector" category, precisely focusing on the "Theme" of Robotics & AI. This thematic ETF seeks to invest in firms that are either enabling the development of AI technologies or are at the cutting edge of adopting these revolutionary systems to enhance their operations and services. With a forward-looking approach, the Alger AI Enablers & Adopters ETF provides exposure to a curated portfolio of companies that are not only reshaping industries but are also poised to drive significant advancements in productivity and efficiency through AI. By focusing on both enablers and adopters, ALAI captures a broad spectrum of opportunities within this niche market, from software and hardware developers to organizations integrating AI-driven solutions to redefine their business models. Investors in ALAI can gain access to a diverse range of high-potential sectors, including but not limited to, automation, machine learning, and data analytics. This ETF is particularly appealing for those who wish to invest in the future of AI and robotics, leveraging the expertise of Alger’s investment team to identify and invest in companies that are likely to be key players in the next wave of technological evolution.
Asset Class
Equity
Region
Global
Issuer
Alger
Index Tracked
No Underlying Index
Ticker Symbol
ALAI

Alger AI Enablers & Adopters ETF (ALAI) Fund Flow Chart

Alger AI Enablers & Adopters ETF (ALAI) 1 year Net Flows: $24M

ALAI ETF FAQ

What was ALAI’s price range in the past 12 months?
ALAI lowest ETF price was $18.45 and its highest was $28.75 in the past 12 months.
    What is the AUM of ALAI?
    As of Jan 29, 2025 The AUM of ALAI is 29.09M.
      Is ALAI overvalued?
      According to Wall Street analysts ALAI’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does ALAI pay dividends?
        ALAI pays a Notavailable dividend of $0.173 which represents an annual dividend yield of 0.63%. See more information on ALAI dividends here
          How many shares outstanding does ALAI have?
          ALAI has 1,000,000 shares outstanding.
            Which hedge fund is a major shareholder of ALAI?
            Currently, no hedge funds are holding shares in ALAI

            ALAI ETF Smart Score

            For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

            Top 10 Holdings

            Name
            Weight %
            Nvidia Corporation
            14.01%
            Amazon.Com, Inc.
            11.20%
            Microsoft
            10.32%
            Meta Platforms, Inc.
            6.55%
            AppLovin Corp. Class A
            6.24%
            Apple Inc
            4.99%
            Gfl Environmental Inc
            3.77%
            Taiwan Semiconductor Manufacturing Company Limited
            2.97%
            Netflix
            2.84%
            Delta Air Lines Inc.
            2.76%
            Total65.65%
            See All Holdings
            Popular ETFs
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis