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CNEQ ETF Price & Analysis

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CNEQ ETF Chart & Stats

ETF Overview

Alger Concentrated Equity ETF

The Alger Concentrated Equity ETF, trading under the ticker CNEQ, is a distinctive investment vehicle that caters to those seeking exposure in the Large Cap Growth sector. This ETF is expertly designed to capitalize on the growth potential of high-caliber, large-cap companies that exhibit robust expansion characteristics. With a concentrated portfolio strategy, CNEQ focuses on a select number of investments, allowing for intensified exposure to its chosen holdings. This approach is ideal for investors who believe in the long-term growth trajectory of elite companies that dominate their respective industries. CNEQ is meticulously curated to include companies that not only boast significant market capitalizations but also demonstrate consistent revenue and earnings growth, reflecting their ability to innovate and maintain competitive advantages in dynamic markets. By targeting the growth niche within the large-cap category, the Alger Concentrated Equity ETF seeks to harness the upward momentum of leading enterprises poised for future success. Investors interested in the CNEQ can expect an ETF that combines a strategic focus on growth with the stability of large-cap investments, offering a compelling option for those looking to enhance their portfolios with high-growth potential assets.

Alger Concentrated Equity ETF (CNEQ) Fund Flow Chart

Alger Concentrated Equity ETF (CNEQ) 1 year Net Flows: $20M

CNEQ ETF FAQ

What was CNEQ’s price range in the past 12 months?
CNEQ lowest ETF price was $18.69 and its highest was $28.22 in the past 12 months.
    What is the AUM of CNEQ?
    As of Feb 20, 2025 The AUM of CNEQ is 25.07M.
      Is CNEQ overvalued?
      According to Wall Street analysts CNEQ’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does CNEQ pay dividends?
        CNEQ pays a Notavailable dividend of $0.041 which represents an annual dividend yield of 0.15%. See more information on CNEQ dividends here
          How many shares outstanding does CNEQ have?
          CNEQ has 737,500 shares outstanding.
            Which hedge fund is a major shareholder of CNEQ?
            Currently, no hedge funds are holding shares in CNEQ

            CNEQ ETF Smart Score

            For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.​

            Top 10 Holdings

            Name
            Weight %
            Nvidia Corporation
            13.89%
            Microsoft
            11.18%
            Amazon.Com, Inc.
            9.54%
            Apple Inc
            7.58%
            Meta Platforms, Inc.
            6.44%
            AppLovin Corp. Class A
            4.75%
            Broadcom Inc.
            4.48%
            Taiwan Semiconductor Manufacturing Company Limited
            3.84%
            Tesla Motors
            3.60%
            Gfl Environmental Inc
            3.56%
            Total68.87%
            See All Holdings
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