The Alger Concentrated Equity ETF (CNEQ) experienced significant growth with an inflow of approximately $213.5 million, marking an 8.6% increase in outstanding units week-over-week, rising from 63,762,500 to 69,225,000. This notable change was reported today.
Over the past year, CNEQ has fluctuated between a low of $29.47 and a high of $42.15 per share, with the most recent trade registering at $38.84. The ETF’s performance is being monitored in relation to its 200-day moving average, providing key insights for investors.
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