Alger Mid Cap 40 ETFFRTY
FRTY
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
42% more funds holding
Funds holding: 19 [Q4 2024] → 27 (+8) [Q1 2025]
21% more capital invested
Capital invested by funds: $47.8M [Q4 2024] → $57.9M (+$10.1M) [Q1 2025]
5.23% more ownership
Funds ownership: 65.36% [Q4 2024] → 70.59% (+5.23%) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for FRTY.
Financial journalist opinion
Negative
Seeking Alpha
3 weeks ago
FRTY: A Focused Mid Cap Growth ETF Throwing Caution To The Wind
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. FRTY's current holdings are increasing sales at a faster rate than they were three and five years ago, making the fund a standout among nearly all U.S. Equity ETFs. However, Alger's strategy appears reckless. I calculated a 1.60 five-year portfolio beta, a 36.56x forward P/E ratio, and a weighted average ROE that's substantially lower than its peers.
Positive
ETF Trends
5 months ago
New ETF from Alger Focuses on Innovation
On Tuesday, Alger released the Alger Russell Innovation ETF (INVN), the latest addition to Alger's growing fund library. INVN looks to provide results similar to that of the Alger Russell Innovation Index.
Negative
Zacks Investment Research
8 months ago
Are Mid-Cap ETFs Better Bets Now?
Thanks to an improving U.S. economy and reassuring earnings released so far, market sentiments remain strong, overriding worries over the presidential election, uncertainty regarding the magnitude and timing of Fed rate cuts, and volatility in the oil patch due to geopolitical tensions. Stimulus measures in China also supported the rally as this quelled global growth worries a bit.
Positive
Zacks Investment Research
1 year ago
Mid-Cap ETFs at a 52-Week High: Here's Why
Mid-cap ETFs often offer the best of the both worlds -- large and small-caps.
Neutral
Seeking Alpha
1 year ago
Why Now For U.S. Equity Income?
US equities, as measured by the S&P 500 Index, have performed strongly so far in 2023.
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