AINVN
About this security
INVN is a convertible preferred stock issued by ALGER RUSSELL INNOVATION ETF .
ALGER RUSSELL INNOVATION ETF : The Alger Russell Innovation ETF (ticker: INVN) is a passively managed U.S. equity ETF launched in January 2025 by Alger Associates that tracks the Alger Russell Innovation Index. It holds a narrow portfolio of 50 U.S. companies deemed the most innovative within the Russell 1000 Index, including firms that may not yet be widely recognized but are developing or benefiting from new products, services, technologies, or advancements. The index screens out the bottom third of Russell 1000 stocks by free cash flow margin, then ranks the remainder by R&D spending relative to enterprise value, selecting the top 50 and weighting them equally. The fund holds approximately $10.4 million in net assets, making it a small, relatively new product concentrated primarily in technology services and health technology stocks.
Issuer page — all ALGER RUSSELL INNOVATION ETF securities & profile →
Key Stats structural terms pending prospectus match
⚠ Liquidation preference not yet confirmed from the prospectus ("par pending"), so premium/discount and yield-to-call are withheld rather than computed from an assumed value. Price, yield, and dividends are exact from the market feed.
Quote
| INVN (preferred) | |
|---|---|
| Last | $21.06 |
| Change | +0.03 (+0.13%) |
| Open | $21.02 |
| High / Low | $21.10 / $20.78 |
| Prev Close | $21.04 |
| Volume | 3,587 |
| 52-Week High / Low | $23.05 / $17.75 |
52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2025-12-18 | $0.062000 |
Performance — $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
News — ALGER RUSSELL INNOVATION ETF
- Innventure to Participate in Upcoming Investor Conferences — globenewswire.com · Jun 10, 2026
- Innventure to Participate in Upcoming Investor Conferences — finance.yahoo.com · Jun 10, 2026
- Syntec Optics Soars 316% YTD: Should You Buy the Stock? — zacks.com · Jun 09, 2026
- AeroFlexx und die Dreiturm GmbH gehen eine Partnerschaft ein, um nachhaltige Verpackungsinnovationen in Deutschland, sterreich und der Schweiz anzubieten — globenewswire.com · Jun 09, 2026
- AeroFlexx et Dreiturm GmbH s’associent pour proposer une innovation durable en matire d’emballage en Allemagne, en Autriche et en Suisse — globenewswire.com · Jun 09, 2026
- AeroFlexx and Dreiturm GmbH Partner to Deliver Sustainable Packaging Innovation to Germany, Austria, and Switzerland — globenewswire.com · Jun 09, 2026
- AeroFlexx and Dreiturm GmbH Partner to Deliver Sustainable Packaging Innovation to Germany, Austria, and Switzerland — finance.yahoo.com · Jun 09, 2026
- Innventure, Inc. $INV Stock Position Lifted by Yorkville Advisors Global LP — thelincolnianonline.com · Jun 04, 2026
Issuer news via Tiingo, tagged to INV.