Alger Mid Cap 40 ETF (NYSEARCA:FRTY) Trading Down 0.1%

Alger Mid Cap 40 ETF (NYSEARCA:FRTYGet Free Report)’s share price traded down 0.1% on Friday . The stock traded as low as $15.95 and last traded at $16.17. 4,735 shares traded hands during trading, a decline of 54% from the average session volume of 10,388 shares. The stock had previously closed at $16.19.

Alger Mid Cap 40 ETF Trading Down 0.1 %

The stock has a market cap of $34.44 million, a PE ratio of 60.83 and a beta of 1.39. The business has a fifty day simple moving average of $15.87 and a two-hundred day simple moving average of $15.00.

Alger Mid Cap 40 ETF Company Profile

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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.

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