It’s just a name. Name means a protector person. The Elder Futhark rune ᛉ is conventionally called Algiz or Elhaz, from the Common Germanic word for "elk".
Hi! my name is Algiz
The fifteenth letter of the futhark alphabet
Pronunciation of algiz: AHL˙geez
Letter sound: z (as in zoo or zip)
Appearance: ᛉ
Meaning: elk
Comes from: proto-Germanic word “elhaz”
Related words: eolhx