Alger Russell Innovation ETF (NYSEARCA:INVN) Plans Dividend of $0.06

Alger Russell Innovation ETF (NYSEARCA:INVN) announced a dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be given a dividend of 0.062 per share on Wednesday, December 31st. The ex-dividend date of this dividend is Thursday, December 18th.

Alger Russell Innovation ETF Stock Down 0.3%

Shares of INVN opened at $21.59 on Thursday. The firm has a market cap of $15.76 million, a price-to-earnings ratio of -37.22 and a beta of 1.61. The company’s fifty day moving average is $21.15 and its 200-day moving average is $20.35. Alger Russell Innovation ETF has a 12 month low of $15.37 and a 12 month high of $22.08.

Alger Russell Innovation ETF Company Profile

The Alger Russell Innovation ETF (INVN) is an exchange-traded fund that is based on the Alger Russell Innovation index. The fund tracks an equal-weighted index of 50 US stocks selected from the Russell 1000 through a fundamental approach. The fund seeks to identify companies at the forefront of innovation.