Castle Rock Wealth Management LLC Grows Stock Position in Alger 35 ETF $ATFV

Castle Rock Wealth Management LLC increased its stake in Alger 35 ETF (NYSEARCA:ATFV) by 97.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 80,078 shares of the company’s stock after acquiring an additional 39,546 shares during the period. Castle Rock Wealth Management LLC owned about 1.51% of Alger 35 ETF worth $3,203,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ATFV. NewEdge Advisors LLC increased its stake in Alger 35 ETF by 1,186.9% in the 1st quarter. NewEdge Advisors LLC now owns 234,956 shares of the company’s stock worth $7,371,000 after purchasing an additional 216,699 shares during the period. Mountain Capital Investment Advisors Inc. lifted its position in Alger 35 ETF by 25.4% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 1,058,318 shares of the company’s stock valued at $37,083,000 after purchasing an additional 214,661 shares during the last quarter. Vista Investment Partners II LLC purchased a new stake in shares of Alger 35 ETF during the fourth quarter valued at approximately $3,360,000. Mariner LLC purchased a new stake in shares of Alger 35 ETF during the third quarter valued at approximately $3,293,000. Finally, LPL Financial LLC grew its holdings in shares of Alger 35 ETF by 58.4% in the fourth quarter. LPL Financial LLC now owns 210,981 shares of the company’s stock worth $7,357,000 after purchasing an additional 77,813 shares during the last quarter.

Alger 35 ETF Stock Performance

Shares of Alger 35 ETF stock opened at $38.82 on Friday. Alger 35 ETF has a 52-week low of $29.73 and a 52-week high of $42.00. The company’s 50 day moving average price is $39.32 and its 200-day moving average price is $36.41. The stock has a market capitalization of $229.04 million, a price-to-earnings ratio of 29.96 and a beta of 1.32.

Alger 35 ETF Profile

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.