Onyx Bridge Wealth Group LLC Takes $1.18 Million Position in Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI)

Onyx Bridge Wealth Group LLC bought a new position in shares of Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 44,872 shares of the company’s stock, valued at approximately $1,177,000. Onyx Bridge Wealth Group LLC owned 19.94% of Alger AI Enablers & Adopters ETF at the end of the most recent quarter.

Separately, Fred Alger Management LLC bought a new stake in shares of Alger AI Enablers & Adopters ETF in the 3rd quarter worth approximately $99,000.

Alger AI Enablers & Adopters ETF Stock Performance

Shares of Alger AI Enablers & Adopters ETF stock opened at $27.86 on Thursday. The business has a 50 day moving average of $27.08 and a 200 day moving average of $24.36. Alger AI Enablers & Adopters ETF has a 52 week low of $18.45 and a 52 week high of $28.75.

Alger AI Enablers & Adopters ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Wednesday, December 18th were given a $0.1732 dividend. The ex-dividend date was Wednesday, December 18th.

About Alger AI Enablers & Adopters ETF

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.