ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) to Issue Dividend Increase – $0.05 Per Share

ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO) declared a quarterly dividend on Wednesday, December 17th, NASDAQ Dividends reports. Shareholders of record on Thursday, December 18th will be given a dividend of 0.0481 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, December 18th. This is a 33.9% increase from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04.

ALPS Level Four Large Cap Growth Active ETF Trading Up 0.9%

NASDAQ LGRO traded up $0.37 on Thursday, hitting $40.35. The company’s stock had a trading volume of 86,338 shares, compared to its average volume of 9,570. The firm has a market cap of $117.42 million, a P/E ratio of 27.33 and a beta of 1.26. ALPS Level Four Large Cap Growth Active ETF has a 52-week low of $27.51 and a 52-week high of $42.25. The company’s 50-day simple moving average is $40.67 and its 200 day simple moving average is $38.85.

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.