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Alger AI Enablers & Adopters ETF (ALAI)

$44.34

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Key data on ALAI

AUM

$1.76B

P/E ratio

28.3

Dividend yield

1.1642%

Expense ratio

0.58%

Beta

1.886894

Price on ALAI

Previous close

$43.59

Today's open

$44.16

Day's range

$43.92 - $44.48

52 week range

$30.85 - $48.36

Profile about ALAI

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Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

ALAI industries and sectors

Equities

Domestic

Large-Cap

Blend

News on ALAI

A Guide to AI ETF Investment

AI spending is expected to hit $2.7 trillion in 2026 as adoption accelerates. Explore four AI ETFs with year-to-date gains of up to 58.3%.

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Zacks Investment Research • Oct 3, 2026

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More Signs Of Growth Across AI And Europe

Europe shows tentative signs of improvement, but the recovery remains uneven. AI investment is increasingly influencing U.S. capital spending and trade.

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Seeking Alpha • Aug 29, 2026

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Anthropic in ETFs: How Investors Can Gain Exposure

Anthropic's preliminary second-quarter results reignited enthusiasm across the artificial intelligence sector, lifting semiconductor stocks 1% on Monday despite broader tech sector declines. Q2 revenue topped $11.5 billion — a 14x surge year-over-year and more than 2x last quarter's figures.

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ETF Trends • Aug 20, 2026

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AI Utilization May Be The Next Driver Of Growth

Alger AI Enablers & Adopters ETF is positioned to benefit from the shift toward AI usage and operational efficiency. AI cloud infrastructure spending is projected to reach $42B in 2026, with inference surpassing training for the first time — signaling real-world adoption.

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Seeking Alpha • Aug 18, 2026

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AI's Biggest Gainers

AI is everywhere in the product. But revenue growth is decelerating, from 16% to 13% to 12% guided. The productivity benefits are arriving for users and end-consumers of AI, though it's not hitting the income statement (at least yet) for most companies.

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Seeking Alpha • Jul 21, 2026

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Markets Rattled By New Chinese AI Model: What Investors Need To Know

New Chinese AI Model Kimi K3 is raising questions for established players. Investors are questioning whether AI industry still has pricing power.

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Seeking Alpha • Jul 21, 2026

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Alger AI Enablers & Adopters ETF Q1 2026 Commentary

During the first quarter of 2026, the Financials and Industrials sectors contributed to relative performance while Consumer Discretionary and Energy were among sectors that detracted from relative performance. Western Digital has structurally shifted toward cloud customers as consumer exposure has declined, with cloud representing the majority of Western Digital's revenue. Nebius Group announced a landmark multi-year infrastructure agreement with a major AI hyperscaler, significantly expanding its contracted backlog and validating its platform at scale.

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Seeking Alpha • Jun 8, 2026

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Earnings And Semiconductors Power Markets

Equities extend gains as earnings and semiconductors lead markets higher. Consumer confidence remains subdued despite economic resilience.

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Seeking Alpha • May 30, 2026

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AI Spending Boom Fuels Earnings-Driven Market Rally

Last year's market surge wasn't built on hype. New research from Alger shows that AI spending and the accompanying infrastructure buildout drove corporate earnings higher, with fundamentals doing the heavy lifting rather than investor sentiment alone.

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ETF Trends • Feb 27, 2026

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AI Adoption Drives Investment Shift Beyond Chipmakers

Investors are looking beyond semiconductor makers as companies across industries deploy artificial intelligence (AI) to transform their operations and products. Generative AI reached 50% of U.S. households in just three years, a speed that dwarfs every prior general-purpose technology, according to Alger's Winter 2026 Capital Markets presentation.

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ETF Trends • Feb 26, 2026

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