Alger Mid Cap 40 ETF (NYSEARCA:FRTY) Shares Sold by Creative Financial Designs Inc. ADV

Creative Financial Designs Inc. ADV lowered its position in shares of Alger Mid Cap 40 ETF (NYSEARCA:FRTY) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 75,852 shares of the company’s stock after selling 5,659 shares during the quarter. Creative Financial Designs Inc. ADV owned 3.56% of Alger Mid Cap 40 ETF worth $1,298,000 as of its most recent filing with the SEC.

Alger Mid Cap 40 ETF Stock Down 0.7 %

Shares of Alger Mid Cap 40 ETF stock opened at $17.37 on Friday. The firm has a market cap of $36.99 million, a price-to-earnings ratio of 60.83 and a beta of 1.39. Alger Mid Cap 40 ETF has a 52-week low of $11.68 and a 52-week high of $17.98. The company’s 50-day simple moving average is $16.96 and its 200-day simple moving average is $16.31.

About Alger Mid Cap 40 ETF

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.