Goldstein Advisors LLC Has $21.98 Million Stock Position in Alger AI Enablers & Adopters ETF $ALAI

Goldstein Advisors LLC lifted its stake in shares of Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) by 2.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 608,647 shares of the company’s stock after purchasing an additional 14,137 shares during the quarter. Alger AI Enablers & Adopters ETF accounts for 2.5% of Goldstein Advisors LLC’s holdings, making the stock its 12th biggest holding. Goldstein Advisors LLC owned approximately 7.40% of Alger AI Enablers & Adopters ETF worth $21,978,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of ALAI. Members Advisory Group LLC grew its holdings in shares of Alger AI Enablers & Adopters ETF by 877.1% during the 4th quarter. Members Advisory Group LLC now owns 275,867 shares of the company’s stock worth $9,961,000 after purchasing an additional 247,635 shares in the last quarter. Great Valley Advisor Group Inc. acquired a new stake in shares of Alger AI Enablers & Adopters ETF during the 2nd quarter worth $5,866,000. Orion Porfolio Solutions LLC grew its holdings in shares of Alger AI Enablers & Adopters ETF by 249.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 184,629 shares of the company’s stock worth $6,924,000 after purchasing an additional 131,752 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Alger AI Enablers & Adopters ETF by 217.2% during the 3rd quarter. NewEdge Advisors LLC now owns 152,155 shares of the company’s stock worth $5,706,000 after purchasing an additional 104,184 shares in the last quarter. Finally, NWM Advisors LLC acquired a new stake in shares of Alger AI Enablers & Adopters ETF during the 4th quarter worth $2,572,000.

Alger AI Enablers & Adopters ETF Stock Performance

ALAI opened at $45.92 on Thursday. The firm has a market cap of $413.74 million, a P/E ratio of 29.71 and a beta of 1.84. Alger AI Enablers & Adopters ETF has a 52-week low of $28.53 and a 52-week high of $46.73. The business’s fifty day moving average is $39.41 and its 200-day moving average is $37.01.

About Alger AI Enablers & Adopters ETF

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.