CFO Capital Management LLC Takes $2.04 Million Position in Alger 35 ETF $ATFV

CFO Capital Management LLC purchased a new position in shares of Alger 35 ETF (NYSEARCA:ATFV) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 58,363 shares of the company’s stock, valued at approximately $2,035,000. Alger 35 ETF accounts for approximately 1.5% of CFO Capital Management LLC’s investment portfolio, making the stock its 18th largest position. CFO Capital Management LLC owned 1.62% of Alger 35 ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of ATFV. Mountain Capital Investment Advisors Inc. boosted its holdings in Alger 35 ETF by 25.4% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 1,058,318 shares of the company’s stock valued at $37,083,000 after purchasing an additional 214,661 shares during the last quarter. LPL Financial LLC increased its holdings in Alger 35 ETF by 58.4% during the 4th quarter. LPL Financial LLC now owns 210,981 shares of the company’s stock worth $7,357,000 after purchasing an additional 77,813 shares during the last quarter. Mariner LLC grew its holdings in Alger 35 ETF by 5.6% during the 4th quarter. Mariner LLC now owns 97,876 shares of the company’s stock worth $3,413,000 after acquiring an additional 5,164 shares in the last quarter. Vista Investment Partners II LLC bought a new stake in shares of Alger 35 ETF in the 4th quarter worth about $3,360,000. Finally, Chilton Investment Co. Inc. bought a new position in shares of Alger 35 ETF during the third quarter worth about $2,936,000.

Alger 35 ETF Stock Performance

Shares of ATFV opened at $41.61 on Friday. Alger 35 ETF has a 52 week low of $27.50 and a 52 week high of $41.94. The stock has a 50 day moving average of $38.35 and a 200-day moving average of $35.55. The firm has a market cap of $159.78 million, a price-to-earnings ratio of 29.96 and a beta of 1.33.

Alger 35 ETF Company Profile

The Alger 35 ETF (ATFV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that holds a concentrated portfolio of global growth stocks. The fund utilizes the Precidian non-transparent model. ATFV was launched on May 3, 2021 and is managed by Alger.