In a significant week-over-week change, the Alger Concentrated Equity ETF (CNEQ) reported an inflow of approximately $333.8 million, marking an 11.7% increase in outstanding units, rising from 69,225,000 to 77,325,000. This increase was noted in the trading period leading up to today.
The ETF’s current trading price stands at $40.59, situated between its 52-week low of $29.47 and high of $42.15. Key underlying components include Talen Energy Corporation (TLN), down 1.1%, and QXO Inc (QXO), down 2.5%, while HEICO Corp (HEI.A) is up 1.6%.
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