Macquarie Focused Large Growth ETF (NYSEARCA:LRGG) Sees Significant Decline in Short Interest

Macquarie Focused Large Growth ETF (NYSEARCA:LRGG) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 3,321 shares, a decrease of 79.6% from the December 15th total of 16,286 shares. Based on an average daily trading volume, of 19,603 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 19,603 shares, the short-interest ratio is presently 0.2 days.

Macquarie Focused Large Growth ETF Trading Down 1.3%

NYSEARCA LRGG traded down $0.39 during trading hours on Tuesday, reaching $29.34. The company’s stock had a trading volume of 18,767 shares, compared to its average volume of 22,528. The business has a 50-day simple moving average of $29.45 and a 200 day simple moving average of $29.54. Macquarie Focused Large Growth ETF has a 52 week low of $23.28 and a 52 week high of $30.74. The stock has a market cap of $381.42 million, a PE ratio of 37.23 and a beta of 0.86.

Macquarie Focused Large Growth ETF Announces Dividend

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

Hedge Funds Weigh In On Macquarie Focused Large Growth ETF

Several institutional investors have recently modified their holdings of LRGG. Jane Street Group LLC bought a new stake in Macquarie Focused Large Growth ETF in the 1st quarter valued at about $249,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Macquarie Focused Large Growth ETF during the second quarter valued at approximately $9,190,000. Prosperity Wealth Management Inc. acquired a new position in shares of Macquarie Focused Large Growth ETF during the second quarter worth approximately $3,595,000. VestGen Advisors LLC boosted its position in shares of Macquarie Focused Large Growth ETF by 8.0% during the second quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock worth $15,189,000 after buying an additional 39,032 shares during the period. Finally, Proactive Wealth Strategies LLC bought a new position in Macquarie Focused Large Growth ETF in the 2nd quarter worth approximately $278,000.

Macquarie 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.