Alger Concentrated Equity ETF

1D
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1M
3M
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About CNEQ

CNEQ is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation. 

Category
Large Growth
CategoryLarge Growth
Number of holdings
30
Number of holdings30
Inception Date
Apr 4, 2024
Inception DateApr 4, 2024

What's in this fund

Sectors

As of March 2, 2026
Technology45.05%
Communication Services19.67%
Consumer Cyclical13.80%
Industrials12.59%
Healthcare4.39%
Utilities3.24%
Financial Services1.26%

CNEQ Key Statistics

AUM
237.40M
AUM237.40M
Price-Earnings ratio
64.21
Price-Earnings ratio64.21
30-Day yield
30-Day yield
Average volume
449.75K
Average volume449.75K
High today
$33.18
High today$33.18
Low today
$32.83
Low today$32.83
Open price
$33.12
Open price$33.12
Volume
110.20K
Volume110.20K
52 Week high
$36.98
52 Week high$36.98
52 Week low
$19.34
52 Week low$19.34
Expense ratio
1.62
Expense ratio1.62

Stock Snapshot

With a market cap of 239.36M, Alger Concentrated Equity ETF(CNEQ) trades at $32.93. The stock has a price-to-earnings ratio of 64.21 and currently yields dividends of 20.4%.

On 2026-03-12, Alger Concentrated Equity ETF(CNEQ) stock moved within a range of $32.83 to $33.18. With shares now at $32.93, the stock is trading +0.3% above its intraday low and -0.8% below the session's peak.

Trading volume for Alger Concentrated Equity ETF(CNEQ) stock has reached 110.2K, versus its average volume of 449.75K.

Over the past 52 weeks, Alger Concentrated Equity ETF(CNEQ) stock has traded between a high of $36.98 and a low of $19.34.

Over the past 52 weeks, Alger Concentrated Equity ETF(CNEQ) stock has traded between a high of $36.98 and a low of $19.34.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.