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Alger Concentrated Equity Etf

Alger Concentrated Equity Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization6,968.95 mln

Business Description

This fund puts the majority of its money into shares of large, established companies that show strong potential for growth. Rather than spreading investments across many businesses, the fund deliberately focuses on a select few. This concentrated approach means the fund carries more risk than a typical diversified investment.

Key Fundamentals

EPS1.39
P/E26.64
ROE58.26
ROIC41.06
ROA31.04
Interest Cover151
EV / EBITDA30.09
EV / EBIT103
EV / Revenue15.50

Quote Details

Last 37.14
Change -1.45 (-3.76%)
Open 37.68
Volume 323,488
Turnover 12,014,344
Average Volume 266,675

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week -1.12% 36 / 100   
1 Month -8.7% 31 / 100   
2 Months -1.38% 50 / 100   
6 Months 1.12% 60 / 100   
1 Year 0.98% 50 / 100   



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