Royal Bank of Canada Takes Position in Nomura Focused Large Growth ETF $LRGG

Royal Bank of Canada bought a new stake in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) during the first quarter, according to its most recent disclosure with the SEC. The firm bought 220,985 shares of the company’s stock, valued at approximately $5,661,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LRGG. Kestra Advisory Services LLC purchased a new stake in Nomura Focused Large Growth ETF in the first quarter valued at $560,000. Horizon Wealth Management LLC grew its holdings in shares of Nomura Focused Large Growth ETF by 16.1% during the first quarter. Horizon Wealth Management LLC now owns 57,581 shares of the company’s stock worth $1,475,000 after purchasing an additional 8,001 shares during the last quarter. Corient Private Wealth LLC purchased a new position in shares of Nomura Focused Large Growth ETF during the fourth quarter worth about $266,000. Global Retirement Partners LLC acquired a new stake in shares of Nomura Focused Large Growth ETF during the fourth quarter worth about $51,000. Finally, Proactive Wealth Strategies LLC increased its position in shares of Nomura Focused Large Growth ETF by 98.1% during the fourth quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock worth $1,089,000 after purchasing an additional 18,217 shares in the last quarter.

Nomura Focused Large Growth ETF Stock Performance

Nomura Focused Large Growth ETF stock opened at $29.71 on Thursday. The company has a market capitalization of $306.01 million, a P/E ratio of 37.23 and a beta of 0.87. 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 50-day simple moving average of $28.21 and a 200-day simple moving average of $27.60.

About Nomura Focused Large Growth ETF

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.