Notable ETF Inflow Detected - CNEQ

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Alger Concentrated Equity ETF (Symbol: CNEQ) where we have detected an approximate $213.5 million dollar inflow -- that's a 8.6% increase week over week in outstanding units (from 63,762,500 to 69,225,000). The chart below shows the one year price performance of CNEQ, versus its 200 day moving average: Looking at the chart above, CNEQ's low point in its 52 week range is $29.47 per share, with $42.15 as the 52 week high point — that compares with a last trade of $38.84.