The Alger Mid Cap 40 ETF outperformed the Russell Midcap Growth Index in Q3 2026, driven by strong contributions from companies like Twist Bioscience, Cloudflare, and Repligen. Cloudflare's growth is attributed to its extensive network and expanding product range, benefiting from rising internet traffic, cybersecurity demand, and AI adoption by enterprises. However, FTAI shares detracted from performance despite growth in its engine products and progress in adapting aircraft engines for data center power. This performance highlights Alger's focus on growth equity investing in innovative companies.
FTAI Aviation Ltd, part of the Alger Mid Cap 40 ETF, has a dividend yield of 1.05% and a market cap of $19.54 billion as of Nov 13, 2026 01:31 WIB. On Pluang, FTAI shares show a 1-day decline of 1.77%, while Cloudflare Inc, with a market cap of $112.89 billion, gained 1.00% in the same period. Twist Bioscience, another key holding, experienced a 7.07% drop in price on Pluang, reflecting active trading dynamics in these growth-focused stocks.
