Alger Concentrated Equity ETF

1D
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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 31, 2026
Technology46.87%
Communication Services18.25%
Consumer Cyclical13.79%
Industrials12.36%
Healthcare4.49%
Utilities2.72%
Financial Services1.52%

CNEQ Key Statistics

AUM
394.82M
AUM394.82M
Price-Earnings ratio
42.30
Price-Earnings ratio42.30
30-Day yield
30-Day yield
Average volume
126.00K
Average volume126.00K
High today
$31.59
High today$31.59
Low today
$29.64
Low today$29.64
Open price
$30.79
Open price$30.79
Volume
51.70K
Volume51.70K
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

The current Alger Concentrated Equity ETF(CNEQ) stock price is $31.59, with a market capitalization of 395.59M. The stock trades at a price-to-earnings (P/E) ratio of 42.30 and offers a dividend yield of 23.6%.

As of 2026-04-05, Alger Concentrated Equity ETF(CNEQ) stock has fluctuated between $29.64 and $31.59. The current price stands at $31.59, placing the stock +6.6% above today's low and 0.0% off the high.

The Alger Concentrated Equity ETF(CNEQ)'s current trading volume is 51.7K, compared to an average daily volume of 126K.

In the last year, Alger Concentrated Equity ETF(CNEQ) shares hit a 52-week high of $36.98 and a 52-week low of $19.34.

In the last year, Alger Concentrated Equity ETF(CNEQ) shares hit a 52-week high of $36.98 and a 52-week 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.