Zacks Focus Growth ETF $GROZ Shares Purchased by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors raised its holdings in Zacks Focus Growth ETF (NYSEARCA:GROZ) by 83.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 31,002 shares of the company’s stock after purchasing an additional 14,096 shares during the period. TRUE Private Wealth Advisors’ holdings in Zacks Focus Growth ETF were worth $821,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in GROZ. M1 Capital Management LLC acquired a new stake in shares of Zacks Focus Growth ETF during the 2nd quarter worth about $755,000. Prosperity Financial Group Inc. boosted its position in Zacks Focus Growth ETF by 4.8% during the second quarter. Prosperity Financial Group Inc. now owns 120,776 shares of the company’s stock worth $3,199,000 after acquiring an additional 5,525 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in Zacks Focus Growth ETF by 8.9% in the 2nd quarter. Axxcess Wealth Management LLC now owns 14,309 shares of the company’s stock valued at $379,000 after acquiring an additional 1,173 shares during the last quarter. GK Wealth Management LLC purchased a new position in Zacks Focus Growth ETF in the first quarter valued at approximately $365,000. Finally, Continental Investors Services Inc. lifted its position in Zacks Focus Growth ETF by 104.6% during the second quarter. Continental Investors Services Inc. now owns 12,287 shares of the company’s stock valued at $325,000 after buying an additional 6,282 shares in the last quarter.

Zacks Focus Growth ETF Trading Down 0.8%

Shares of GROZ stock opened at $29.08 on Wednesday. The company’s fifty day simple moving average is $29.58 and its 200-day simple moving average is $27.39. Zacks Focus Growth ETF has a 52 week low of $19.26 and a 52 week high of $30.89. The company has a market cap of $44.20 million, a PE ratio of 34.62 and a beta of 1.20.

Zacks Focus Growth ETF Company Profile

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research.