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[SCHEDULE 13G/A] Alger Russell Innovation ETF SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Alger Associates, Inc. reports beneficial ownership of 395,025 shares of Alger 35 ETF (CUSIP 015564206), representing 34.7% of the class. The filer states sole voting and sole dispositive power over these shares, and that they are held in the ordinary course of business for one or more open-end investment companies or managed accounts advised by Fred Alger Management, LLC, a wholly owned subsidiary of Alger Group Holdings, LLC. The filing is labeled as Schedule 13G (Amendment No. 15) and includes a certification that the holdings were not acquired to influence control of the issuer.

Alger Associates, Inc. dichiara la titolarità beneficiaria di 395.025 azioni dell'Alger 35 ETF (CUSIP 015564206), pari al 34,7% della classe. Il dichiarante afferma di detenere il potere di voto esclusivo e il potere dispositvo esclusivo su queste azioni, che sono detenute nell'ambito ordinario dell'attività per uno o più fondi aperti o conti gestiti consigliati da Fred Alger Management, LLC, sussidiaria interamente controllata di Alger Group Holdings, LLC. La comunicazione è classificata come Schedule 13G (Amendment No. 15) e include una certificazione che le partecipazioni non sono state acquisite al fine di influenzare il controllo dell'emittente.

Alger Associates, Inc. informa sobre la propiedad beneficiaria de 395.025 acciones del Alger 35 ETF (CUSIP 015564206), que representan el 34,7% de la clase. El declarante afirma tener el poder de voto exclusivo y el poder dispositvo exclusivo sobre estas acciones, que se mantienen en el curso ordinario de los negocios para uno o más fondos abiertos o cuentas gestionadas asesoradas por Fred Alger Management, LLC, filial de propiedad total de Alger Group Holdings, LLC. La presentación se etiqueta como Schedule 13G (Amendment No. 15) e incluye una certificación de que las participaciones no se adquirieron para influir en el control del emisor.

Alger Associates, Inc.는 Alger 35 ETF(CUSIP 015564206)의 395,025주에 대한 수익적 소유권을 보고했으며, 이는 해당 클래스의 34.7%에 해당합니다. 제출인은 이 주식들에 대해 단독 의결권과 단독 처분권을 보유하고 있으며, 이 주식들은 Alger Group Holdings, LLC의 전액 출자 자회사인 Fred Alger Management, LLC가 자문하는 하나 이상의 오픈엔드 투자회사 또는 관리 계정의 통상적인 업무 범위 내에서 보유되고 있다고 명시했습니다. 해당 서류는 Schedule 13G (Amendment No. 15)로 분류되어 있으며, 보유 지분이 발행자의 지배에 영향을 주기 위해 취득된 것이 아님을 인증하는 내용이 포함되어 있습니다.

Alger Associates, Inc. déclare la propriété bénéficiaire de 395 025 actions de l'Alger 35 ETF (CUSIP 015564206), représentant 34,7% de la catégorie. Le déclarant affirme détenir le pouvoir de vote exclusif et le pouvoir de disposition exclusif sur ces actions, qui sont détenues dans le cours normal des affaires pour un ou plusieurs fonds ouverts ou comptes gérés conseillés par Fred Alger Management, LLC, filiale en propriété exclusive d'Alger Group Holdings, LLC. le dépôt est libellé Schedule 13G (Amendment No. 15) et comprend une certification indiquant que les participations n'ont pas été acquises dans le but d'influer sur le contrôle de l'émetteur.

Alger Associates, Inc. meldet wirtschaftliches Eigentum an 395.025 Anteilen des Alger 35 ETF (CUSIP 015564206), was 34,7% der Klasse entspricht. Der Melder gibt an, alleinige Stimmrechte und alleiniges Verfügungsrecht über diese Anteile zu haben; die Anteile werden im gewöhnlichen Geschäftsbetrieb für einen oder mehrere offene Investmentgesellschaften oder verwaltete Konten gehalten, die von Fred Alger Management, LLC beraten werden, einer hundertprozentigen Tochtergesellschaft von Alger Group Holdings, LLC. Die Meldung ist als Schedule 13G (Amendment No. 15) gekennzeichnet und enthält die Bestätigung, dass die Bestände nicht zum Zweck des Einflussgewinns auf die Kontrolle des Emittenten erworben wurden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: A concentrated 34.7% position is disclosed, showing substantial exposure but declared as passive under Schedule 13G.

The filing reports a sizeable stake of 395,025 shares, with sole voting and dispositive power noted. Because the filer uses Schedule 13G and certifies the holdings are in the ordinary course and not intended to influence control, the position is presented as passive for disclosure purposes. The ownership level is material to capital structure and could affect liquidity or vote outcomes, though no transactions, purchases, or dispositions are detailed here.

TL;DR: Disclosure is thorough; ownership concentration is high but declared non-control under the filers certification.

The document clearly states sole voting and dispositive power along with a 34.7% stake and links the economic ownership to investment vehicles managed by Fred Alger Management, LLC. The filer affirms the ordinary-course, non-control intent required for Schedule 13G treatment. Investors and the issuer should note the ownership concentration and the parent-subsidiary relationships described, but the filing contains no indication of activist intent or governance actions.

Alger Associates, Inc. dichiara la titolarità beneficiaria di 395.025 azioni dell'Alger 35 ETF (CUSIP 015564206), pari al 34,7% della classe. Il dichiarante afferma di detenere il potere di voto esclusivo e il potere dispositvo esclusivo su queste azioni, che sono detenute nell'ambito ordinario dell'attività per uno o più fondi aperti o conti gestiti consigliati da Fred Alger Management, LLC, sussidiaria interamente controllata di Alger Group Holdings, LLC. La comunicazione è classificata come Schedule 13G (Amendment No. 15) e include una certificazione che le partecipazioni non sono state acquisite al fine di influenzare il controllo dell'emittente.

Alger Associates, Inc. informa sobre la propiedad beneficiaria de 395.025 acciones del Alger 35 ETF (CUSIP 015564206), que representan el 34,7% de la clase. El declarante afirma tener el poder de voto exclusivo y el poder dispositvo exclusivo sobre estas acciones, que se mantienen en el curso ordinario de los negocios para uno o más fondos abiertos o cuentas gestionadas asesoradas por Fred Alger Management, LLC, filial de propiedad total de Alger Group Holdings, LLC. La presentación se etiqueta como Schedule 13G (Amendment No. 15) e incluye una certificación de que las participaciones no se adquirieron para influir en el control del emisor.

Alger Associates, Inc.는 Alger 35 ETF(CUSIP 015564206)의 395,025주에 대한 수익적 소유권을 보고했으며, 이는 해당 클래스의 34.7%에 해당합니다. 제출인은 이 주식들에 대해 단독 의결권과 단독 처분권을 보유하고 있으며, 이 주식들은 Alger Group Holdings, LLC의 전액 출자 자회사인 Fred Alger Management, LLC가 자문하는 하나 이상의 오픈엔드 투자회사 또는 관리 계정의 통상적인 업무 범위 내에서 보유되고 있다고 명시했습니다. 해당 서류는 Schedule 13G (Amendment No. 15)로 분류되어 있으며, 보유 지분이 발행자의 지배에 영향을 주기 위해 취득된 것이 아님을 인증하는 내용이 포함되어 있습니다.

Alger Associates, Inc. déclare la propriété bénéficiaire de 395 025 actions de l'Alger 35 ETF (CUSIP 015564206), représentant 34,7% de la catégorie. Le déclarant affirme détenir le pouvoir de vote exclusif et le pouvoir de disposition exclusif sur ces actions, qui sont détenues dans le cours normal des affaires pour un ou plusieurs fonds ouverts ou comptes gérés conseillés par Fred Alger Management, LLC, filiale en propriété exclusive d'Alger Group Holdings, LLC. le dépôt est libellé Schedule 13G (Amendment No. 15) et comprend une certification indiquant que les participations n'ont pas été acquises dans le but d'influer sur le contrôle de l'émetteur.

Alger Associates, Inc. meldet wirtschaftliches Eigentum an 395.025 Anteilen des Alger 35 ETF (CUSIP 015564206), was 34,7% der Klasse entspricht. Der Melder gibt an, alleinige Stimmrechte und alleiniges Verfügungsrecht über diese Anteile zu haben; die Anteile werden im gewöhnlichen Geschäftsbetrieb für einen oder mehrere offene Investmentgesellschaften oder verwaltete Konten gehalten, die von Fred Alger Management, LLC beraten werden, einer hundertprozentigen Tochtergesellschaft von Alger Group Holdings, LLC. Die Meldung ist als Schedule 13G (Amendment No. 15) gekennzeichnet und enthält die Bestätigung, dass die Bestände nicht zum Zweck des Einflussgewinns auf die Kontrolle des Emittenten erworben wurden.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



Alger Associates, Inc.
Signature:/s/ Hal Liebes
Name/Title:Hal Liebes / Secretary
Date:08/14/2025

FAQ

What stake does Alger Associates report in Alger 35 ETF (INVN)?

Alger Associates reports beneficial ownership of 395,025 shares, representing 34.7% of the class.

Does Alger Associates have voting control over the shares in this filing?

Yes. The filer discloses sole voting power and sole dispositive power over the 395,025 shares.

Is this filing indicative of an intent to influence control of the issuer (INVN)?

No. The certification states the securities were acquired and are held in the ordinary course of business and not to influence control, consistent with Schedule 13G treatment.

Who ultimately manages the investment accounts holding these shares?

The securities are beneficially owned by investment companies or managed accounts that are clients of Fred Alger Management, LLC, a registered investment adviser.

When was this Schedule 13G signed?

The signature block shows the filing was signed by Hal Liebes, Secretary on 08/14/2025.
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