About Alger Mid Cap 40 ETF (FRTY)

The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that aims to provide investors with exposure to mid-cap companies in the United States. It is designed to track the performance of the Alger Mid Cap 40 Index, which consists of the 40 largest and most liquid mid-cap stocks selected by Alger. With a focus on growth-oriented companies, FRTY aims to capture potential opportunities in the mid-cap segment of the market.

FRTY has a strong historical price performance, with consistent growth over the years. It has provided investors with competitive returns, outperforming its benchmark index. The ETF has a low expense ratio, making it an attractive investment option for those seeking exposure to mid-cap stocks. It offers diversification benefits by investing in a basket of 40 stocks across various sectors.