Nomura Focused Large Growth ETF $LRGG Shares Purchased by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. raised its position in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) by 6.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 835,497 shares of the company’s stock after acquiring an additional 53,506 shares during the quarter. Nomura Focused Large Growth ETF makes up approximately 1.7% of Valley Wealth Managers Inc.’s portfolio, making the stock its 15th biggest position. Valley Wealth Managers Inc. owned 6.38% of Nomura Focused Large Growth ETF worth $25,107,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of LRGG. VestGen Advisors LLC boosted its stake in shares of Nomura Focused Large Growth ETF by 8.0% in the second quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock valued at $15,189,000 after purchasing an additional 39,032 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in Nomura Focused Large Growth ETF by 0.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 320,234 shares of the company’s stock worth $9,626,000 after buying an additional 2,136 shares during the period. Prosperity Wealth Management Inc. acquired a new stake in Nomura Focused Large Growth ETF during the 2nd quarter worth approximately $3,595,000. Summit Financial Wealth Advisors LLC lifted its holdings in Nomura Focused Large Growth ETF by 42.5% during the 2nd quarter. Summit Financial Wealth Advisors LLC now owns 11,980 shares of the company’s stock worth $344,000 after buying an additional 3,575 shares in the last quarter. Finally, Jane Street Group LLC boosted its position in Nomura Focused Large Growth ETF by 8.0% in the 2nd quarter. Jane Street Group LLC now owns 10,296 shares of the company’s stock valued at $295,000 after buying an additional 763 shares during the period.

Nomura Focused Large Growth ETF Stock Down 2.1%

NYSEARCA:LRGG opened at $28.74 on Friday. Nomura Focused Large Growth ETF has a 52 week low of $23.28 and a 52 week high of $30.74. The company has a fifty day simple moving average of $29.36 and a two-hundred day simple moving average of $29.56. The company has a market cap of $359.25 million, a price-to-earnings ratio of 37.23 and a beta of 0.86.

Nomura Focused Large Growth ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.046 per share. The ex-dividend date was Wednesday, December 31st. This represents a yield of 16.0%.

Nomura Focused Large Growth ETF 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.