[SCHEDULE 13G] Alger Russell Innovation ETF SEC Filing

Rhea-AI Filing Summary

Alger Associates, Inc. reports beneficial ownership of 174,563 shares of Alger Concentrated Equity ETF (beneficial interest), representing 9.4% of the class. Alger Associates states it has sole voting and sole dispositive power over these shares and that the securities are held in the ordinary course of business, not to influence control of the issuer. The filing explains the shares are owned by one or more open-end investment companies or managed accounts advised by Fred Alger Management, LLC, which is a wholly owned subsidiary of Alger Group Holdings, itself owned by Alger Associates.

Positive

• Disclosed a material stake of 174,563 shares representing 9.4% of the class
• Sole voting and dispositive power explicitly reported for the full position
• Clear ownership chain linking client accounts to Fred Alger Management and Alger Associates

Negative

• None.

Insights

Securities Analyst

TL;DR: Alger Associates holds a disclosed 9.4% stake with sole voting and dispositive power, a material passive ownership position.

Alger Associates reports ownership of 174,563 beneficial interests equal to 9.4% of the class, with sole voting and dispositive authority. The filing characterizes the holdings as managed client accounts of Fred Alger Management, LLC and clarifies the corporate ownership chain. This is a standard Schedule 13G disclosure indicating a significant but described-as-passive position; it notifies the market of concentrated ownership without asserting intent to change control. For investors, the key takeaways are the size of the stake and the clear control of voting/dispositive rights by Alger Associates.

Corporate Governance Expert

TL;DR: The 9.4% stake is material for disclosure and shows consolidated voting/dispositive control, but the filer asserts passive intent.

The filing properly identifies the reporting person, the issuer, and the CUSIP, and discloses sole voting and dispositive power over a >5% position. The statement includes the ownership chain linking client accounts to Fred Alger Management and up to Alger Associates, which is important for transparency. The certification affirms the position is held in the ordinary course of business and not to influence control, consistent with Schedule 13G treatment rather than a 13D takeover stance.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Alger Concentrated Equity ETF, a series of The Alger ETF Trust

(Name of Issuer)

Beneficial Interest

(Title of Class of Securities)

015564404

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

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

CUSIP No. 015564404

1

Names of Reporting Persons

Alger Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 174,563.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 174,563.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

174,563.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.4 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Alger Concentrated Equity ETF, a series of The Alger ETF Trust
(b)	Address of issuer's principal executive offices: 100 Pearl Street, 27th Floor, New York, NY 10004
Item 2.
(a)	Name of person filing: Alger Associates, Inc.
(b)	Address or principal business office or, if none, residence: 100 Pearl Street, 27th Floor, New York, NY 10004
(c)	Citizenship: New York
(d)	Title of class of securities: Beneficial Interest
(e)	CUSIP No.: 015564404
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 174,563
(b)	Percent of class: 9.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 174,563
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 174,563
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The securities reported herein are beneficially owned by one or more open-end investment companies or other managed accounts that are investment management clients of Fred Alger Management, LLC ("FAM"), a registered investment adviser. FAM is a 100% owned subsidiary of Alger Group Holdings, LLC ("AGH"), a holding company. AGH is a 100% owned subsidiary of Alger Associates, Inc., a holding company.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit A.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Alger Associates, Inc.

Signature:	/s/ Hal Liebes
Name/Title:	Hal Liebes / Secretary
Date:	08/14/2025

FAQ

How many shares of Alger Concentrated Equity ETF does Alger Associates own?

Alger Associates reports beneficial ownership of 174,563 shares.

What percentage of the class does this ownership represent?

The filing states the shares represent 9.4% of the class.

Does Alger Associates have voting control over the shares?

Yes. The filing reports sole voting power and sole dispositive power for the 174,563 shares.

Are these holdings intended to influence control of the issuer?

No. The certification states the securities were acquired and are held in the ordinary course of business and not to change or influence control of the issuer.

Who actually manages the accounts that hold these shares?

The securities are held by open-end investment companies or managed accounts advised by Fred Alger Management, LLC, a wholly owned subsidiary of Alger Group Holdings, itself owned by Alger Associates.