Focused Alpha LLC Purchases 52,385 Shares of Zacks Focus Growth ETF $GROZ

Focused Alpha LLC lifted its position in shares of Zacks Focus Growth ETF (BATS:GROZ) by 17.6% during the third quarter, HoldingsChannel reports. The firm owned 350,463 shares of the company’s stock after purchasing an additional 52,385 shares during the quarter. Zacks Focus Growth ETF comprises about 3.0% of Focused Alpha LLC’s holdings, making the stock its 4th largest holding. Focused Alpha LLC owned approximately 0.33% of Zacks Focus Growth ETF worth $11,856,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new stake in Zacks Focus Growth ETF during the 1st quarter valued at $143,000. Paragon Private Wealth Management LLC lifted its holdings in Zacks Focus Growth ETF by 28.8% in the 1st quarter. Paragon Private Wealth Management LLC now owns 9,081 shares of the company’s stock worth $250,000 after buying an additional 2,028 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Zacks Focus Growth ETF in the 1st quarter worth $328,000. Faithward Advisors LLC boosted its position in Zacks Focus Growth ETF by 37.4% in the 1st quarter. Faithward Advisors LLC now owns 12,793 shares of the company’s stock valued at $353,000 after buying an additional 3,483 shares during the last quarter. Finally, Revisor Wealth Management LLC boosted its position in Zacks Focus Growth ETF by 113.0% in the 1st quarter. Revisor Wealth Management LLC now owns 15,397 shares of the company’s stock valued at $424,000 after buying an additional 8,169 shares during the last quarter.

Zacks Focus Growth ETF Price Performance

BATS:GROZ opened at $33.49 on Tuesday. The firm has a 50-day moving average of $33.42 and a two-hundred day moving average of $32.07. The stock has a market cap of $35.16 million and a P/E ratio of 35.67. Zacks Focus Growth ETF has a 1-year low of $26.43 and a 1-year high of $34.90.

Zacks Focus Growth ETF 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. GROZ was launched on Dec 5, 2024 and is issued by Zacks.