Alger Concentrated Equity ETF Declares Dividend of $0.04 (NYSEARCA:CNEQ)

Alger Concentrated Equity ETF (NYSEARCA:CNEQ) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 18th will be given a dividend of 0.0411 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Wednesday, December 18th.

Alger Concentrated Equity ETF Trading Down 3.6 %

CNEQ opened at $25.96 on Thursday. Alger Concentrated Equity ETF has a one year low of $18.69 and a one year high of $27.20. The business’s 50-day simple moving average is $25.09 and its 200-day simple moving average is $23.04.

About Alger Concentrated Equity ETF

The Alger Concentrated Equity ETF (CNEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, targeting large-cap companies with high growth potential. The fund maintains a concentrated portfolio of no more than 30 stocks, seeking long-term captial appreciation CNEQ was launched on Apr 4, 2024 and is issued by Alger.