Alger Concentrated Equity ETF

1D
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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
31
Number of holdings31
Inception Date
Apr 4, 2024
Inception DateApr 4, 2024

What's in this fund

Sectors

As of July 24, 2026
Technology50.80%
Communication Services16.40%
Industrials11.93%
Consumer Cyclical9.90%
Healthcare5.68%
Utilities3.48%
Financial Services1.81%

CNEQ Key Statistics

AUM
880.67M
AUM880.67M
Price-Earnings ratio
40.22
Price-Earnings ratio40.22
30-Day yield
30-Day yield
Average volume
185.38K
Average volume185.38K
High today
$38.88
High today$38.88
Low today
$37.74
Low today$37.74
Open price
$38.88
Open price$38.88
Volume
784.87K
Volume784.87K
52 Week high
$42.15
52 Week high$42.15
52 Week low
$29.47
52 Week low$29.47
Expense ratio
0.66
Expense ratio0.66

Stock Snapshot

Alger Concentrated Equity ETF(CNEQ) stock is priced at $37.99, giving the company a market capitalization of 862M. It carries a P/E multiple of 40.22 and pays a dividend yield of 0.23%.

On 2026-07-25, Alger Concentrated Equity ETF(CNEQ) stock traded between a low of $37.74 and a high of $38.88. Shares are currently priced at $37.99, which is +0.7% above the low and -2.3% below the high.

Alger Concentrated Equity ETF(CNEQ) shares are trading with a volume of 784.87K, against a daily average of 185.38K.

In the last year, Alger Concentrated Equity ETF(CNEQ) shares hit a 52-week high of $42.15 and a 52-week low of $29.47.

In the last year, Alger Concentrated Equity ETF(CNEQ) shares hit a 52-week high of $42.15 and a 52-week low of $29.47.

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.