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NYSEARCA:ALAI

Alger AI Enablers & Adopters ETF (ALAI) Price, Holdings, & News

$26.55 +0.27 (+1.03%)
(As of 12/20/2024 04:32 PM ET)

About Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI)

Key Stats

Today's Range
$25.98
$26.79
50-Day Range
$23.64
$27.76
52-Week Range
$18.45
$27.78
Volume
3,030 shs
Average Volume
7,683 shs
Market Capitalization
$5.97 million
Assets Under Management
N/A
Dividend Yield
N/A
Net Expense Ratio
0.55%
Aggregate Rating
N/A

ETF Overview

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.

Alger AI Enablers & Adopters ETF Expenses

TypeALAITheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.45%0.57%0.55%0.51%0.52%
Other Expenses0.57%0.57%0.49%0.57%0.53%
Total Expense1.02%0.72%0.71%0.73%0.71%
Fee Waiver-0.47%-0.74%-0.51%-0.67%-0.56%
Net Expense0.55%0.60%0.61%0.58%0.59%
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ALAI ETF News Headlines

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ALAI ETF - Frequently Asked Questions

Alger AI Enablers & Adopters ETF's stock was trading at $19.96 on January 1st, 2024. Since then, ALAI stock has increased by 33.0% and is now trading at $26.55.
View the best growth stocks for 2024 here
.

Alger AI Enablers & Adopters ETF's top institutional shareholders include Fred Alger Management LLC (1.88%).

Shares of ALAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Fund Details

Issuer
Fred Alger Management
Fund Name
Alger AI Enablers & Adopters ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:ALAI
Inception Date
4/5/2024
Fund Manager
Patrick Kelly
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Theme
Development Level
Blended Development
Region
Global
Number of Holdings
0

Fund Statistics

Assets Under Management
$0.00
Average Daily Volume
$0.00
Discount/Premium
0.00%

Administrator, Advisor and Custodian

Administrator
Fred Alger Management, LLC
Advisor
Fred Alger Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Alger LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
N/A
Short Interest
600 shs

Miscellaneous

Beta
1.99
Creation Fee
$100.00
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This page (NYSEARCA:ALAI) was last updated on 12/22/2024 by MarketBeat.com Staff
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