Nomura Focused Large Growth ETF (NYSEARCA:LRGG – Get Free Report) was the target of a large growth in short interest in June. As of June 30th, there was short interest totaling 290,544 shares, a growth of 287,567.3% from the June 15th total of 101 shares. Approximately 2.8% of the company’s stock are short sold. Based on an average daily volume of 136,879 shares, the days-to-cover ratio is currently 2.1 days.
Nomura Focused Large Growth ETF Stock Up 0.7%
LRGG traded up $0.20 during trading on Friday, hitting $28.45. 50,931 shares of the company’s stock were exchanged, compared to its average volume of 73,200. Nomura Focused Large Growth ETF has a fifty-two week low of $24.75 and a fifty-two week high of $30.74. The stock has a market cap of $295.88 million, a P/E ratio of 37.23 and a beta of 0.90. The business’s 50 day moving average is $27.92 and its two-hundred day moving average is $27.72.
Hedge Funds Weigh In On Nomura Focused Large Growth ETF
Hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new stake in shares of Nomura Focused Large Growth ETF in the fourth quarter worth approximately $51,000. CWM LLC bought a new stake in Nomura Focused Large Growth ETF during the fourth quarter worth $85,000. Corient Private Wealth LLC purchased a new stake in Nomura Focused Large Growth ETF in the 4th quarter valued at $266,000. Jane Street Group LLC purchased a new stake in Nomura Focused Large Growth ETF in the 1st quarter valued at $249,000. Finally, Benjamin Edwards Inc. lifted its stake in Nomura Focused Large Growth ETF by 7.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock valued at $291,000 after acquiring an additional 746 shares in the last quarter.
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.
Featured Stories
- Five stocks we like better than Nomura Focused Large Growth ETF
- Starbucks Builds Sovereign AI to Cut $400 Million in Software Costs
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
Receive News & Ratings for Nomura Focused Large Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nomura Focused Large Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
