Alger 35 ETF $ATFV Stock: Moneco Advisors LLC Trims Position

Moneco Advisors LLC decreased its holdings in shares of Alger 35 ETF (NYSEARCA:ATFV) by 30.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,594 shares of the company’s stock after selling 29,014 shares during the period. Moneco Advisors LLC’s holdings in Alger 35 ETF were worth $2,709,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ATFV. NewEdge Advisors LLC grew its position in shares of Alger 35 ETF by 21.3% in the 2nd quarter. NewEdge Advisors LLC now owns 285,103 shares of the company’s stock worth $11,809,000 after buying an additional 50,147 shares during the last quarter. Castle Rock Wealth Management LLC increased its stake in shares of Alger 35 ETF by 97.6% during the second quarter. Castle Rock Wealth Management LLC now owns 80,078 shares of the company’s stock valued at $3,203,000 after buying an additional 39,546 shares during the period. Sax Wealth Advisors LLC purchased a new position in shares of Alger 35 ETF during the third quarter valued at approximately $1,484,000. Envestnet Asset Management Inc. purchased a new position in shares of Alger 35 ETF during the second quarter valued at approximately $805,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of Alger 35 ETF by 32.5% during the second quarter. Integrated Wealth Concepts LLC now owns 43,018 shares of the company’s stock valued at $1,782,000 after acquiring an additional 10,546 shares in the last quarter.

Alger 35 ETF Stock Up 2.5%

Shares of ATFV stock opened at $35.41 on Thursday. The firm has a market capitalization of $713.16 million, a price-to-earnings ratio of 24.59 and a beta of 1.34. The stock has a fifty day moving average of $38.83 and a 200 day moving average of $37.34. Alger 35 ETF has a 52 week low of $29.73 and a 52 week high of $42.00.

About Alger 35 ETF

The Alger 35 ETF (ATFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model. ATFV was launched on May 3, 2021 and is managed by Alger.