Nomura Focused Large Growth ETF (NYSEARCA:LRGG – Get Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,496 shares, a decline of 99.1% from the June 30th total of 290,544 shares. Based on an average daily volume of 30,379 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Nomura Focused Large Growth ETF Trading Up 0.7%
Shares of LRGG stock opened at $27.81 on Friday. The stock has a 50-day moving average of $27.97 and a 200-day moving average of $27.63. Nomura Focused Large Growth ETF has a 1-year low of $24.75 and a 1-year high of $30.74. The stock has a market cap of $289.22 million, a price-to-earnings ratio of 37.23 and a beta of 0.90.
Institutional Investors Weigh In On Nomura Focused Large Growth ETF
Several institutional investors and hedge funds have recently made changes to their positions in LRGG. Global Retirement Partners LLC bought a new position in Nomura Focused Large Growth ETF during the fourth quarter worth $51,000. CWM LLC purchased a new position in shares of Nomura Focused Large Growth ETF during the fourth quarter valued at approximately $85,000. Jane Street Group LLC purchased a new position in Nomura Focused Large Growth ETF during the 1st quarter worth $249,000. Corient Private Wealth LLC purchased a new position in Nomura Focused Large Growth ETF during the fourth quarter worth about $266,000. Finally, Benjamin Edwards Inc. boosted its stake in shares of Nomura Focused Large Growth ETF by 7.9% in the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock worth $291,000 after buying an additional 746 shares during the last quarter.
About Nomura Focused Large Growth ETF
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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