Goldstein Advisors LLC Acquires 14,137 Shares of Alger AI Enablers & Adopters ETF $ALAI

Goldstein Advisors LLC increased its holdings in shares of Alger AI Enablers & Adopters ETF (NYSEARCA:ALAI) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 608,647 shares of the company’s stock after buying an additional 14,137 shares during the quarter. Alger AI Enablers & Adopters ETF accounts for about 2.5% of Goldstein Advisors LLC’s holdings, making the stock its 12th biggest holding. Goldstein Advisors LLC owned approximately 0.07% of Alger AI Enablers & Adopters ETF worth $21,978,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Members Advisory Group LLC lifted its position in shares of Alger AI Enablers & Adopters ETF by 877.1% during the 4th quarter. Members Advisory Group LLC now owns 275,867 shares of the company’s stock worth $9,961,000 after buying an additional 247,635 shares during the last quarter. Great Valley Advisor Group Inc. bought a new stake in shares of Alger AI Enablers & Adopters ETF during the 2nd quarter worth $5,866,000. Orion Porfolio Solutions LLC lifted its position in shares of Alger AI Enablers & Adopters ETF by 249.2% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 184,629 shares of the company’s stock worth $6,924,000 after buying an additional 131,752 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of Alger AI Enablers & Adopters ETF by 217.2% during the 3rd quarter. NewEdge Advisors LLC now owns 152,155 shares of the company’s stock worth $5,706,000 after buying an additional 104,184 shares during the last quarter. Finally, Stratos Wealth Partners LTD. lifted its position in shares of Alger AI Enablers & Adopters ETF by 134.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 116,966 shares of the company’s stock worth $4,224,000 after buying an additional 67,042 shares during the last quarter.

Alger AI Enablers & Adopters ETF Stock Down 1.2%

Shares of ALAI stock opened at $45.92 on Thursday. Alger AI Enablers & Adopters ETF has a twelve month low of $28.53 and a twelve month high of $46.73. The company has a market cap of $413.74 million, a P/E ratio of 29.71 and a beta of 1.84. The business has a fifty day simple moving average of $39.41 and a 200 day simple moving average of $37.01.

Alger AI Enablers & Adopters ETF Company Profile

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.