Skip to main content
Smart Investors Daily
CN

AMEX · CNEQ

Alger Concentrated Equity ETF

Financial Services · Asset Management

$37.09

Down-$2.47 (-6.66%)

Updated Nov 6, 2026, 12:48 AM

SID Score

3.5/10

Composite research score

Smart Money

—

Institutional and insider signal

Market cap
92.93M
P/E ratio
—
Dividend yield
0.11%
52-week range
$29.47 – $42.15
Volume
563.95K
Avg. volume
94.02K

Price performance · CNEQ

CNEQ price history

1M range · 20 trading sessions · Daily adjusted prices

Prices through Nov 4, 2026

CNEQ closed at $37.09 after 20 trading sessions, down 8.74% for the selected period.

Last close
$37.09
Period change
-8.74%
Period low
$36.51
Period high
$40.86
Daily close
View OHLC price history
CNEQ OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Nov 4, 2026$37.17$37.58$36.88$37.09563.95K
Nov 3, 2026$36.90$37.39$36.90$37.26293.77K
Nov 2, 2026$37.43$37.64$36.43$36.51377.2K
Oct 30, 2026$37.68$37.68$36.61$37.14323.49K
Oct 29, 2026$38.62$38.765$38.31$38.5991.89K
Oct 28, 2026$39.00$39.10$38.68$39.05169.36K
Oct 27, 2026$38.25$38.81$38.2176$38.66150.68K
Oct 26, 2026$37.80$38.19$37.50$37.92125.35K
Oct 23, 2026$37.44$37.83$37.385$37.56170.18K
Oct 22, 2026$38.40$38.42$37.50$37.69198.73K
Oct 21, 2026$39.14$39.30$38.84$39.19138.66K
Oct 20, 2026$38.81$39.07$38.275$38.73215.14K
Oct 19, 2026$39.14$39.14$38.63$38.78382.2K
Oct 16, 2026$39.19$39.2184$38.245$38.44192.11K
Oct 15, 2026$38.91$39.445$38.4101$39.43245.89K
Oct 14, 2026$40.06$40.14$39.18$39.41138.12K
Oct 13, 2026$40.26$40.55$40.05$40.55124.23K
Oct 12, 2026$40.91$41.05$40.43$40.55570.58K
Oct 9, 2026$41.26$41.26$40.66$40.861.39M
Oct 8, 2026$41.56$41.56$40.425$40.64150.43K

Latest CNEQ news

The latest Smart Investors Daily articles mentioning CNEQ.

CNEQ research

Overview

Company profile and research snapshot.

Company profile

The fund invests primarily in the equity securities of large-cap companies that the m9+.anager believes demonstrate promising growth potential. It will invest at least 25% of its total assets in companies focused in the following group of related industries: software, technology hardware storage and peripherals, semiconductors and semiconductor equipment, information technology services, electronic equipment instruments and components, communications equipment, broadline retail and interactive media and services, as classified by third party sources. The fund is non-diversified.

Analyst outlook

Consensus and target data currently published for this company.

Consensus
—
Average target
—
Implied upside
—
Analysts
—
Open full forecast

News briefing

No generated briefing is available yet.

seekingalpha.com · Nov 9, 2025

CNEQ: Concentrated Risk With High Return Potential

The Alger Concentrated Equity ETF (CNEQ) offers exposure to 30 high-conviction, growth-oriented stocks, heavily weighted toward mega-cap technology and AI leaders. CNEQ has outperformed benchmark indices over the past year, driven by the AI growth theme and significant allocations to the Magnificent 7 stocks. Despite high concentration and sector risk, I recommend a Buy rating for CNEQ, best used as a satellite position to enhance technology exposure within a diversified portfolio.

AI research layers

Interpretive context generated from the platform’s current data sources.

No results

AI research layers have not been published yet.