Alger Mid Cap 40 ETF (FRTY) — ()
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FRTY: A Focused Mid Cap Growth ETF Throwing Caution To The Wind
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Sentiment: Negative ()
FRTY is a focused mid-cap growth ETF comprised of 40 U.S. stocks undergoing "Positive Dynamic Change". Its ER is 0.60% after waivers and the ETF has $85 million in AUM. …
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About Alger Mid Cap 40 ETF FRTY
Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.