Alger Concentrated Equity ETF (CNEQ) Research
The Alger Concentrated Equity ETF primarily invests its capital in the stock of large-capitalization companies. These firms are selected by the portfolio manager for their perceived substantial growth prospects. A minimum of one-quarter of the fund's total assets will be allocated to enterprises within a specific group of interrelated sectors, as defined by independent classification systems. These industries encompass: software; technology hardware, storage, and peripherals; semiconductors and semiconductor equipment; information technology services; electronic equipment, instruments, and components; communications equipment; broadline retail; and interactive media and services. This fund operates as a non-diversified investment vehicle.
Market snapshot
- Symbol
- CNEQ
- Price
- $41.83
- Day change
- +2.35%
- Market cap
- $110.2M
- 52-week range
- 27.74-41.93
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- Bancreek U.S. Large Cap ETF (BCUS)
- Fidelity Cloud Computing ETF (FCLD)
- Fidelity Disruptive Communications ETF (FDCF)
- State Street SPDR S&P Kensho Future Security ETF (FITE)
- Inspire Growth ETF (GLRY)
- Amplify BlueStar Israel Technology ETF (ITEQ)
- Logan Capital Broad Innovative Growth ETF (LCLG)
- First Trust Multi-Manager Large Growth ETF (MMLG)
Open Alger Concentrated Equity ETF (CNEQ) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.