ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) Trading Up 0.2% – Time to Buy?

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) shares shot up 0.2% during trading on Tuesday . The company traded as high as $42.25 and last traded at $42.06. 5,271 shares were traded during trading, a decline of 39% from the average session volume of 8,679 shares. The stock had previously closed at $41.96.

ALPS Level Four Large Cap Growth Active ETF Stock Up 0.2%

The company has a market capitalization of $122.39 million, a PE ratio of 27.33 and a beta of 1.26. The stock has a 50-day moving average of $39.86 and a 200 day moving average of $36.88.

ALPS Level Four Large Cap Growth Active ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Thursday, September 18th were paid a $0.0359 dividend. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.02. The ex-dividend date was Thursday, September 18th. This represents a $0.14 dividend on an annualized basis and a yield of 0.3%.

About ALPS Level Four Large Cap Growth Active ETF

The Level Four Large Cap Growth Active ETF (LGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed portfolio of US large cap stocks. Holdings are managed based on quantitative analysis and fundamental research, selecting those companies perceived to have favorable growth potential within their market sector.