Alger Russell Innovation ETF (INVN)

Alger Russell Innovation ETF (INVN) is an exchange-traded fund in the Mid Cap Blend category. It has $10.15M in assets, an expense ratio of 0.55% and a 0.00% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in the securities of the underlying index. The underlying index is comprised of U.S. equity securities that the manager believes represent innovative companies that the market has not yet recognized which are developing or benefitting from new products, services, technologies, or advancements.