Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Sees Significant Decrease in Short Interest

by · The Cerbat Gem

Nomura Focused Large Growth ETF (NYSEARCA:LRGG – Get Free Report) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 2,169 shares, a decrease of 74.5% from the January 29th total of 8,521 shares. Based on an average trading volume of 115,118 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 115,118 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On Nomura Focused Large Growth ETF

Several large investors have recently modified their holdings of the stock. Valley Wealth Managers Inc. grew its holdings in shares of Nomura Focused Large Growth ETF by 1.3% in the 4th quarter. Valley Wealth Managers Inc. now owns 846,385 shares of the company’s stock worth $25,053,000 after acquiring an additional 10,888 shares during the last quarter. VestGen Advisors LLC increased its stake in Nomura Focused Large Growth ETF by 8.0% in the 2nd quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock worth $15,189,000 after purchasing an additional 39,032 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Nomura Focused Large Growth ETF by 0.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 320,234 shares of the company’s stock worth $9,626,000 after buying an additional 2,136 shares during the period. Prosperity Wealth Management Inc. purchased a new stake in Nomura Focused Large Growth ETF during the second quarter valued at about $3,595,000. Finally, Horizon Wealth Management LLC purchased a new stake in Nomura Focused Large Growth ETF during the third quarter valued at about $2,572,000.

Nomura Focused Large Growth ETF Price Performance

Shares of LRGG traded down $0.18 during mid-day trading on Thursday, hitting $27.17. The company’s stock had a trading volume of 487,682 shares, compared to its average volume of 84,560. The firm has a 50-day moving average price of $28.55 and a 200 day moving average price of $29.25. Nomura Focused Large Growth ETF has a fifty-two week low of $23.28 and a fifty-two week high of $30.74. The stock has a market capitalization of $339.63 million, a price-to-earnings ratio of 37.23 and a beta of 0.86.

Nomura Focused Large Growth ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a $0.046 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a dividend yield of 16.0%.

About Nomura Focused Large Growth ETF

(Get Free Report)

The Macquarie Focused Large Growth ETF (LRGG) is an exchange-traded fund that mostly invests in large cap equity. The fund focuses on long-term capital growth by actively managing a narrow portfolio of large-cap US companies deemed as growth-oriented. LRGG was launched on May 14, 2024 and is issued by Macquarie.

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