Notable companies
The most notable companies in this group are NVIDIA Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT), Amazon.com (NASDAQ:AMZN), Meta Platforms (NASDAQ:META), Taiwan Semiconductor Manufacturing Company Ltd (NYSE:TSM), Eli Lilly & Co (NYSE:LLY), Tesla (NASDAQ:TSLA), Netflix (NASDAQ:NFLX), Advanced Micro Devices (NASDAQ:AMD), Uber Technologies (NYSE:UBER).
Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund invests in a stock portfolio of approximately 35 equity securities of companies of any market capitalization that the Manager believes are undergoing Positive Dynamic Change. Equity securities include common or preferred stocks. The fund focuses its investments in technology companies, including companies benefiting from technological improvements, advancements or developments. The fund is non-diversified.
Market Cap
The average market capitalization across the Alger 35 ETF ETF is 413.29B. The market cap for tickers in the group ranges from 148.01M to 3.48T. NVDA holds the highest valuation in this group at 3.48T. The lowest valued company is CABA at 148.01M.
High and low price notable news
The average weekly price growth across all stocks in the Alger 35 ETF ETF was -1%. For the same ETF, the average monthly price growth was 5%, and the average quarterly price growth was 17%. SPOT experienced the highest price growth at 14%, while MASS experienced the biggest fall at -33%.
Volume
The average weekly volume growth across all stocks in the Alger 35 ETF ETF was 3%. For the same stocks of the ETF, the average monthly volume growth was 40% and the average quarterly volume growth was 5%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 71
P/E Growth Rating: 75
Price Growth Rating: 47
SMR Rating: 54
Profit Risk Rating: 41
Seasonality Score: 23 (-100 ... +100)