Northwestern Mutual Wealth Management Co. lifted its position in shares of Alger 35 ETF (NYSEARCA:ATFV – Free Report) by 977.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,224 shares of the company’s stock after buying an additional 22,883 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.70% of Alger 35 ETF worth $960,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in ATFV. Global Retirement Partners LLC acquired a new stake in shares of Alger 35 ETF during the 4th quarter worth $182,000. Citadel Advisors LLC acquired a new stake in shares of Alger 35 ETF during the 3rd quarter worth $227,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Alger 35 ETF during the 3rd quarter worth $249,000. Harbour Investments Inc. increased its holdings in shares of Alger 35 ETF by 3,458.8% during the 4th quarter. Harbour Investments Inc. now owns 8,541 shares of the company’s stock worth $298,000 after buying an additional 8,301 shares during the last quarter. Finally, Foundations Investment Advisors LLC acquired a new stake in Alger 35 ETF in the 4th quarter valued at $310,000.
Alger 35 ETF Trading Down 0.7%
Shares of NYSEARCA ATFV opened at $39.05 on Tuesday. Alger 35 ETF has a 12-month low of $27.49 and a 12-month high of $41.94. The company has a market cap of $149.95 million, a P/E ratio of 29.96 and a beta of 1.33. The stock has a fifty day moving average price of $36.86 and a 200 day moving average price of $35.19.
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.
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