Wealth Managers Adjust Positions in Alger AI Enablers & Adopters ETF
1 report, 1 independent
Updated Sep 24
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What happened
Wealth management firms XML Financial LLC and Integrated Wealth Concepts LLC adjusted their holdings in the Alger AI Enablers & Adopters ETF during the second quarter of 2026. Separately, short interest in the ETF increased substantially in September, rising from 43,947 shares on August 31st to 653,018 shares by September 15th, according to one report.
From dailypolitical.com
Why it matters
The increase in short interest and the activity by institutional investors indicate shifts in market sentiment regarding the ETF. The ETF's stock traded up $0.16 on Thursday, reaching $46.86, while the short-interest ratio currently stands at 13.6 days.
From dailypolitical.com