Alger Mid Cap 40 ETF (FRTY)

Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund in the Mid Cap Growth category. It has $153.98M in assets, an expense ratio of 0.60% and a 0.17% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business within a single sector. The fund is non-diversified.