Key Statistics: FRTY

ALGER MID CAP 40 ETF

24.14up0.02 (0.0829%)

 as of 4:10:00pm ET 10/22/2021

Basic Facts

ETP Type ETF Sponsor Fred Alger Management, LLC
Legal Structure Open Ended Investment Company Inception Date 02/26/2021
Schedule K-1 -- Options No
Leveraged No Manager Amy Zhang
Inverse No

Manager

Amy Zhang

Tenure: 7 months

Amy Zhang, CFA is Executive Vice President and Portfolio Manager of the Alger Small Cap Focus, Alger Mid Cap Focus and Alger Small Cap Growth strategies. She joined Alger in 2015 and has 24 years of investment experience. Additionally, Amy is a member of The Alger Partners Plan. During her tenure at Alger, she has been featured and quoted in a number of publications such as: The Wall Street Journal, Barron’s, The New York Times, Citywire, Investor’s Business Daily, Business Insider, Investment News, MarketWatch, China Business News, CNBC, and CNN. Prior to joining Alger, Amy worked at Brown Capital Management as a Partner, Managing Director, and Senior Portfolio Manager of its Brown Capital Small Company Fund. Her previous experience includes working as a Portfolio Manager/Analyst at Epsilon Investment Management, Research Analyst at Templeton Worldwide, and Associate at Citicorp Securities. She is a former President of the CFA Society Baltimore and is currently chair of their Advisory Board. She served as a member on the Board of Directors, as well as Vice President and Programs Chair for the CFA Society of Stamford. Amy is also a member of the Board of Trustees of Manhattanville College, where she founded the AYZ STEM scholarship. Amy earned her B.A. from Manhattanville College, where she graduated summa cum laude. She earned her M.B.A. from Columbia Business School, where she was inducted into the Beta Gamma Sigma honor society and named to the Dean’s List. Amy is a CFA charterholder and a member of the CFA Institute.

Portfolio Fundamentals

Valuation Info FRTY Asset Class Median Percentile in Asset Class
Tracking Error -- 10.13
--
Annual Turnover Ratio -- 30.00%
--
Efficiency -- -1.04
--
Tax Cost Ratio -- 0.49%
--
Equity: Price/Trailing Earnings 46.02 19.05
1st
Equity: Price/Book 11.50 2.90
2nd
Equity: Price/Sales 8.62 2.03
3rd
Equity: Price/Cash Flow 28.22 12.86
2nd
30-day SEC Yield
AS OF --
-- 1.09%
--
Dividend Yield (Annualized) -- n/a n/a
Net Expense Ratio 0.60% 0.55%
44th
Gross Expense Ratio 1.40% 0.58%
5th
Equity: Historical Earnings Growth % -- +11.86%
--
Equity: Sales Growth % +6.17% +2.01%
83rd
Equity: Cash Flow Growth % +12.11% +9.05%
67th
Equity: Book-Value Growth % +18.08% +4.14%
98th
Net Assets $37.2M $116.0M
32nd

Trading Statistics

Valuation Info FRTY Asset Class Median Percentile in Asset Class
Median Bid/Ask Spread (30 Day) -- 0.17%
--
Premium/Discount (1 Month Rolling Average) 0.47% 0.02%
10th
Premium/Discount (1 Year Average) 0.70% 0.03%
3rd
Volume 45.3K 10.1K
70th
Volume (Today/Avg 10 Day) 2.0 0.7
92nd
Volume (10 Day Average) 24.4K 13.8K
60th
Volume (30 Day Average) 22.2K 16.5K
56th
Volume (90 Day Average) 14.7K 17.8K
46th
Volume (10 Day Avg/90 Day Avg) 1.7 0.8
92nd
Shares Outstanding 1.8M 3.0M
42nd
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