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Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of mid-cap companies. Equity securities include common or preferred stocks that are listed on U.S. exchanges. It may invest a significant portion of its assets in the securities of companies conducting business in the information technology and healthcare sectors. The fund is non-diversified.
Is FRTY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Alger Mid Cap 40 ETF (NYSEARCA:FRTY - Get Free Report) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 3,876 shares, a growth of 91.1% from the March 31st total of 2,028 shares. Currently, 0.1% of the company's shares are
The Federal Reserve's (Fed) pivot from aggressive rate hikes to rate cuts is creating what one portfolio manager calls a “headwind to tailwind” shift for mid-cap stocks, potentially unlocking gains for companies that have already proven they can survive in a tighter monetary environment. Amy Y.
Mid-cap stocks are trading at an unusually wide discount to their larger counterparts, creating what one portfolio manager describes as a “truck-wide” opportunity for investors willing to look beyond the crowded mega-cap trade. Amy Y.
I am initiating coverage of the Alger Mid Cap 40 ETF with a Hold rating. Benchmarked against the Russell MidCap Growth Index, FRTY is growth-oriented, with just 40 stocks in the portfolio. Though having a moment in 2025, FRTY has significantly underperformed the ETF that tracks its benchmark since its inception, as well as IVV, QQQ, and SCHG.
Halftime in 2025 threw a spotlight on active small- and midcap funds via the SPIVA U.S. Mid-Year 2025 report. The trend of active ETF launches is outpacing their passive peers this year.