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FRTY ETF Price & Analysis

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FRTY ETF Chart & Stats

ETF Overview

Alger Mid Cap 40 ETF

The Alger Mid Cap 40 ETF (Ticker: FRTY) offers investors a focused gateway into the dynamic world of mid-cap growth stocks. Designed for those seeking to capture the potential of burgeoning companies, this ETF meticulously curates a portfolio of 40 mid-cap stocks that exhibit strong growth prospects. Positioned within the Size and Style category, FRTY is tailored for investors who are keen on identifying and capitalizing on companies that are not only well-established but are also poised for significant growth. This niche strategy zeroes in on mid-cap firms, which typically have market capitalizations between $2 billion and $10 billion, offering a sweet spot between the stability of large caps and the explosive potential of small caps. The Alger Mid Cap 40 ETF leverages Alger’s deep expertise in growth investing, focusing on companies with robust business models, innovative strategies, and the agility to thrive in evolving markets. By concentrating on a select group of 40 stocks, FRTY provides a concentrated exposure that aims to optimize growth opportunities while maintaining a level of diversification to mitigate risks. This approach allows investors to potentially benefit from the rapid expansion and market penetration of these mid-sized companies, often leaders in their respective industries. Whether you’re looking to diversify your portfolio or enhance your growth potential, the Alger Mid Cap 40 ETF presents a compelling opportunity. It stands out as a strategic choice for investors aiming to harness the vigor of mid-cap growth, with an investment strategy that aligns with forward-thinking market trends and innovation.

Alger Mid Cap 40 ETF (FRTY) Fund Flow Chart

Alger Mid Cap 40 ETF (FRTY) 1 year Net Flows: $49M

FRTY ETF FAQ

What was FRTY’s price range in the past 12 months?
FRTY lowest ETF price was $14.34 and its highest was $21.14 in the past 12 months.
    What is the AUM of FRTY?
    As of Feb 21, 2025 The AUM of FRTY is 94.05M.
      Is FRTY overvalued?
      According to Wall Street analysts FRTY’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does FRTY pay dividends?
        FRTY pays a Notavailable dividend of $0.018 which represents an annual dividend yield of 0.09%. See more information on FRTY dividends here
          How many shares outstanding does FRTY have?
          FRTY has 4,800,000 shares outstanding.
            Which hedge fund is a major shareholder of FRTY?
            Currently, no hedge funds are holding shares in FRTY

            FRTY 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 %
            AppLovin Corp. Class A
            6.22%
            Palantir Technologies Inc.
            5.60%
            Natera Inc.
            5.48%
            Liberty Media Corporation Series C Liberty Formula One
            4.98%
            Heico Cp Cl
            4.44%
            Coinbase Global, Inc.
            4.19%
            Astera Labs, Inc.
            3.98%
            Vertiv Holdings Co
            3.44%
            Comfort Systems USA
            3.29%
            Spotify
            2.92%
            Total44.53%
            See All Holdings
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