ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO – Get Free Report) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 1,041 shares, a decline of 85.0% from the January 15th total of 6,924 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 28,044 shares, the days-to-cover ratio is currently 0.0 days. Based on an average daily volume of 28,044 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are sold short.
ALPS Level Four Large Cap Growth Active ETF Stock Performance
Shares of NASDAQ LGRO traded down $0.12 during midday trading on Wednesday, reaching $39.40. The stock had a trading volume of 300 shares, compared to its average volume of 17,623. The company has a market capitalization of $119.38 million, a price-to-earnings ratio of 27.33 and a beta of 1.26. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $27.51 and a 12-month high of $42.59. The stock has a 50-day moving average of $41.09 and a 200-day moving average of $40.16.
ALPS Level Four Large Cap Growth Active ETF Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Thursday, December 18th were paid a $0.0481 dividend. This represents a $0.19 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, December 18th. This is a boost from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04.
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. LGRO was launched on Aug 22, 2023 and is issued by SS&C.
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