Alger Concentrated Equity ETF

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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 April 30, 2026
Technology47.40%
Communication Services19.17%
Consumer Cyclical13.36%
Industrials11.02%
Healthcare4.57%
Utilities2.89%
Financial Services1.59%

CNEQ Key Statistics

AUM
509.89M
AUM509.89M
Price-Earnings ratio
48.31
Price-Earnings ratio48.31
30-Day yield
30-Day yield
Average volume
235.46K
Average volume235.46K
High today
$36.89
High today$36.89
Low today
$35.68
Low today$35.68
Open price
$36.54
Open price$36.54
Volume
333.57K
Volume333.57K
52 Week high
$36.98
52 Week high$36.98
52 Week low
$24.19
52 Week low$24.19
Expense ratio
0.66
Expense ratio0.66

Stock Snapshot

As of today, Alger Concentrated Equity ETF(CNEQ) shares are valued at $36.70. The company's market cap stands at 510.87M, with a P/E ratio of 48.31 and a dividend yield of 20.8%.

During the trading session on 2026-05-02, Alger Concentrated Equity ETF(CNEQ) shares reached a daily high of $36.89 and a low of $35.68. At a current price of $36.70, the stock is +2.8% higher than the low and still -0.5% under the high.

Trading volume for Alger Concentrated Equity ETF(CNEQ) stock has reached 333.57K, versus its average volume of 235.46K.

The stock's 52-week range extends from a low of $24.19 to a high of $36.98.

The stock's 52-week range extends from a low of $24.19 to a high of $36.98.

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.