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

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) saw a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 731 shares, a drop of 78.0% from the December 31st total of 3,321 shares. Based on an average trading volume of 63,793 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 63,793 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Valley Wealth Managers Inc. lifted its holdings in Nomura Focused Large Growth ETF by 6.8% during the 3rd quarter. Valley Wealth Managers Inc. now owns 835,497 shares of the company’s stock valued at $25,107,000 after purchasing an additional 53,506 shares during the last quarter. VestGen Advisors LLC lifted its stake in shares of Nomura Focused Large Growth ETF by 8.0% during the 2nd quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock worth $15,189,000 after buying an additional 39,032 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in Nomura Focused Large Growth ETF by 0.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 320,234 shares of the company’s stock valued at $9,626,000 after acquiring an additional 2,136 shares during the period. Prosperity Wealth Management Inc. acquired a new stake in Nomura Focused Large Growth ETF during the second quarter worth approximately $3,595,000. Finally, Horizon Wealth Management LLC bought a new stake in shares of Nomura Focused Large Growth ETF during the third quarter worth approximately $2,572,000.

Nomura Focused Large Growth ETF Stock Down 2.1%

Shares of LRGG stock traded down $0.61 on Thursday, reaching $28.74. The stock had a trading volume of 26,397 shares, compared to its average volume of 56,505. Nomura Focused Large Growth ETF has a 12 month low of $23.28 and a 12 month high of $30.74. The firm has a market capitalization of $362.12 million, a price-to-earnings ratio of 37.23 and a beta of 0.86. The firm’s 50-day moving average is $29.36 and its two-hundred day moving average is $29.56.

Nomura Focused Large Growth ETF Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Stockholders of record on Wednesday, December 31st were given a $0.046 dividend. This represents a dividend yield of 16.0%. The ex-dividend date of this dividend was Wednesday, December 31st.

Nomura Focused Large Growth ETF Company Profile

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.