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
32
Number of holdings32
Inception Date
Apr 4, 2024
Inception DateApr 4, 2024

What's in this fund

Sectors

As of July 15, 2026
Technology48.86%
Communication Services16.66%
Industrials12.27%
Consumer Cyclical11.14%
Healthcare5.63%
Utilities3.46%
Financial Services1.98%

CNEQ Key Statistics

AUM
882.61M
AUM882.61M
Price-Earnings ratio
43.98
Price-Earnings ratio43.98
30-Day yield
30-Day yield
Average volume
149.06K
Average volume149.06K
High today
$39.60
High today$39.60
Low today
$38.68
Low today$38.68
Open price
$39.48
Open price$39.48
Volume
145.16K
Volume145.16K
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 $38.88, giving the company a market capitalization of 881M. It carries a P/E multiple of 43.98 and pays a dividend yield of 0.22%.

On 2026-07-17, Alger Concentrated Equity ETF(CNEQ) stock traded between a low of $38.68 and a high of $39.60. Shares are currently priced at $38.88, which is +0.5% above the low and -1.8% below the high.

Alger Concentrated Equity ETF(CNEQ) shares are trading with a volume of 145.16K, against a daily average of 149.06K.

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.