25-06-2025
Alger Russell Innovation Index Updates for Second Quarter 2025
NEW YORK, June 25, 2025 /PRNewswire/ -- Fred Alger Management, LLC ("Alger"), a privately held growth equity investment manager, today announced the quarterly rebalancing of the Alger Russell Innovation Index ("Index"). Following the close of trading on Friday, June 27, 2025, the Index will be rebalanced, and the following changes will be effective.
Action
Company Name
Ticker Symbol
Addition
Enphase Energy Inc.
ENPH
Addition
Elastic N.V.
ESTC
Addition
Gentex Corp.
GNTX
Addition
Atlassian
TEAM
Addition
Teradyne
TER
Addition
Zillow Group CL C
Z
Deletion
DocuSign, Inc.
DOCU
Deletion
FMC Corporation
FMC
Deletion
Gilead Sciences, Inc.
GILD
Deletion
Informatica, Inc. Class A
INFA
Deletion
Juniper Networks, Inc.
JNPR
Deletion
Playtika Holding Corp.
PLTK
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Unlock Your Growth Potential with AlgerFounded in 1964, Alger is recognized as a pioneer of growth-style investment management. Privately-owned and headquartered in New York City, Alger can help "Unlock Your Growth Potential" through a suite of growth equity separate accounts, mutual funds, ETFs, and privately offered investment vehicles. Alger's investment philosophy, discovering companies undergoing Positive Dynamic Change, has been in place for more than 60 years. For more information, please visit
Risk Disclosures: Investing in the stock market involves risks, including the potential loss of principal. Growth stocks may be more volatile than other stocks as their prices tend to be higher in relation to their companies' earnings and may be more sensitive to market, political, and economic developments. Local, regional or global events such as environmental or natural disasters, war, terrorism, pandemics, outbreaks of infectious diseases and similar public health threats, recessions, or other events could have a significant impact on investments.
This material is not meant to provide investment advice and should not be considered a recommendation to purchase or sell securities.
Alger pays compensation to third party marketers to sell various strategies to prospective investors.
London Stock Exchange Group plc and its group undertakings (collectively, the "LSE Group"). © LSE Group 2025. FTSE Russell is a trading name of certain of the LSE Group companies. "FTSE®" "Russell®", "FTSE Russell®" are trade marks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication.
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