Alger Russell Innovation ETF

INVN

Market cap $8.9M

Exchange-traded funds (ETFs) tied to enterprise software, cloud computing, video gaming, and innovation stocks delivered some of the strongest gains in the market over the past week.

For many of us, ETFs have been synonymous with passive management. Since the early 1990s, ETFs have followed in the footsteps of the most well-known passive ETF — the S&P 500 ETF Trust (SPY).

Heading into 2025, ETF investors appeared enthusiastic about prospects for the U.S. bull market to keep running.

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.