Alger Mid Cap 40 ETF Declares Annual Dividend of $0.04 (NYSEARCA:FRTY)

Posted by Patrick Bannon on Dec 18th, 2025

Alger Mid Cap 40 ETF (NYSEARCA:FRTY – Get Free Report) declared an annual dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.041 per share on Wednesday, December 31st. This represents a yield of 20.0%. The ex-dividend date is Thursday, December 18th.

Alger Mid Cap 40 ETF Trading Down 2.6%

FRTY stock opened at $20.20 on Thursday. The stock has a market cap of $115.95 million, a P/E ratio of 36.46 and a beta of 1.12. Alger Mid Cap 40 ETF has a twelve month low of $13.56 and a twelve month high of $23.36. The company’s 50 day moving average is $21.54 and its two-hundred day moving average is $20.56.

Hedge Funds Weigh In On Alger Mid Cap 40 ETF

A hedge fund recently bought a new stake in Alger Mid Cap 40 ETF stock. NewEdge Advisors LLC acquired a new position in shares of Alger Mid Cap 40 ETF (NYSEARCA:FRTY – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 44,214 shares of the company’s stock, valued at approximately $850,000. NewEdge Advisors LLC owned about 0.83% of Alger Mid Cap 40 ETF as of its most recent filing with the Securities & Exchange Commission.

About Alger Mid Cap 40 ETF

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The Alger Mid Cap 40 ETF (FRTY) is an exchange-traded fund that is based on the Russell Midcap Growth index. The fund is an actively-managed, non-transparent ETF that provides exposure to US mid-cap companies with growth characteristics. The fund utilizes the Precidian non-transparent model. FRTY was launched on Feb 26, 2021 and is managed by Alger.