167,970 Alger AI Enablers & Adopters ETF $ALAI Shares Sold by Goldstein Advisors LLC

Goldstein Advisors LLC cut its stake in Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) by 26.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 470,273 shares of the company’s stock after selling 167,970 shares during the period. Alger AI Enablers & Adopters ETF accounts for approximately 1.9% of Goldstein Advisors LLC’s portfolio, making the stock its 11th largest position. Goldstein Advisors LLC owned 1.54% of Alger AI Enablers & Adopters ETF worth $21,854,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Farther Finance Advisors LLC grew its holdings in shares of Alger AI Enablers & Adopters ETF by 160.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,343 shares of the company’s stock worth $155,000 after acquiring an additional 2,060 shares during the period. XML Financial LLC purchased a new position in shares of Alger AI Enablers & Adopters ETF in the 1st quarter valued at approximately $207,000. Three Magnolias Financial Advisors LLC lifted its stake in shares of Alger AI Enablers & Adopters ETF by 23.5% in the 3rd quarter. Three Magnolias Financial Advisors LLC now owns 9,269 shares of the company’s stock valued at $431,000 after purchasing an additional 1,764 shares during the period. Sankala Group LLC bought a new stake in shares of Alger AI Enablers & Adopters ETF during the fourth quarter valued at approximately $333,000. Finally, Integrated Wealth Concepts LLC boosted its position in shares of Alger AI Enablers & Adopters ETF by 5.9% during the second quarter. Integrated Wealth Concepts LLC now owns 10,125 shares of the company’s stock valued at $462,000 after purchasing an additional 565 shares in the last quarter.

Alger AI Enablers & Adopters ETF Stock Down 0.4%

Shares of ALAI stock opened at $44.54 on Friday. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 29.71 and a beta of 1.89. The business’s fifty day moving average is $45.62 and its 200 day moving average is $43.31. Alger AI Enablers & Adopters ETF has a twelve month low of $30.84 and a twelve month high of $48.36.

About Alger AI Enablers & Adopters ETF

The Alger AI Enablers & Adopters ETF (ALAI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in firms benefiting from developing, integrating or enabling artificial intelligence (AI) technology. The fund seeks long-term capital growth through fundamental research ALAI was launched on Apr 4, 2024 and is issued by Alger.