Alger Weatherbie Enduring Growth ETF
AWEG
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Alger Weatherbie Enduring Growth ETF (AWEG) is an actively managed, non-transparent exchange-traded fund that seeks long-term capital appreciation by investing primarily in equity securities of mid-cap growth companies, with a focus on those demonstrating positive dynamic change and enduring growth characteristics; it utilizes the Precidian non-transparent model and provides a verified intraday indicative value (VIIV) disseminated every second during trading. The fund's portfolio typically features 25-30 holdings concentrated in sectors such as industrials, healthcare, technology, real estate, and financial services, with top positions including TransDigm Group Inc., FirstService Corp., Natera Inc., Progyny Inc., and Semtech Corp.; it emphasizes U.S.-listed mid-cap growth equities and maintains an ESG risk rating of medium from Sustainalytics. AWEG trades on the NYSE Arca exchange under the ticker AWEG, with a management fee of 0.65% and assets under management approximating $5 million as of late 2025. Launched on March 7, 2023, AWEG is issued by The Alger ETF Trust and managed by teams from Fred Alger Management, LLC, founded in 1964 and headquartered at 360 Park Avenue South in New York, New York, and its subsidiary Weatherbie Capital, LLC, founded in 1995 and based at 265 Franklin Street in Boston, Massachusetts. Portfolio managers H. George Dai and Joshua Bennett oversee the strategy, leveraging Alger's proprietary bottom-up fundamental research process pioneered in growth-style investing. The fund targets institutional and retail investors seeking exposure to high-conviction mid-cap growth opportunities, operating primarily in U.S. markets without leverage or options trading. In recent developments, AWEG contributed to Alger ETFs collectively surpassing $600 million in assets as of October 2025, reflecting strong inflows into the firm's ETF lineup including FRTY and INVN; Alger also launched the Alger Russell Innovation ETF (INVN) in 2025 and updated its Russell Innovation Index for Q4 2025. No major acquisitions, funding rounds, or strategic alliances specific to AWEG were reported in the last 1-2 years, though the broader Alger platform continues to expand its suite of actively managed ETFs focused on growth and innovation themes. The fund remains part of Alger's ongoing commitment to non-transparent ETF structures, with recent performance distributions including an annual dividend yield of approximately 3.96% as of December 2024.