The Alger AI Enablers & Adopters ETF (Symbol: ALAI) experienced a notable inflow of approximately $231.4 million, marking a 27.2% week-over-week increase in outstanding units from 19,262,500 to 24,500,000. This change was recorded during the week leading up to [insert date] in the ETF market.
Key components driving ALAI’s performance include Space Exploration Technologies Corp (SPCX), up 5.5%; Talen Energy Corporation (TLN), up 0.9%; and Figure Technology Solutions Inc – Class A Common (FIGR), which increased by 5.2%. Currently, ALAI’s share price is at $44.56, sitting between its 52-week low of $30.845 and a high of $46.88.
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