Horizon Wealth Management LLC Buys Shares of 85,595 Nomura Focused Large Growth ETF $LRGG

Horizon Wealth Management LLC bought a new position in Nomura Focused Large Growth ETF (NYSEARCA:LRGG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 85,595 shares of the company’s stock, valued at approximately $2,572,000.

Several other hedge funds have also recently modified their holdings of LRGG. Jane Street Group LLC purchased a new stake in shares of Nomura Focused Large Growth ETF during the first quarter valued at $249,000. Prosperity Wealth Management Inc. purchased a new position in Nomura Focused Large Growth ETF in the 2nd quarter worth about $3,595,000. VestGen Advisors LLC lifted its stake in Nomura Focused Large Growth ETF by 8.0% during the 2nd quarter. VestGen Advisors LLC now owns 529,597 shares of the company’s stock valued at $15,189,000 after acquiring an additional 39,032 shares during the period. Proactive Wealth Strategies LLC bought a new position in Nomura Focused Large Growth ETF during the 2nd quarter valued at about $278,000. Finally, Benjamin Edwards Inc. boosted its holdings in shares of Nomura Focused Large Growth ETF by 7.9% during the 2nd quarter. Benjamin Edwards Inc. now owns 10,163 shares of the company’s stock valued at $291,000 after acquiring an additional 746 shares during the last quarter.

Nomura Focused Large Growth ETF Stock Down 0.5%

Shares of LRGG stock opened at $26.47 on Friday. The company has a 50 day moving average price of $28.94 and a 200-day moving average price of $29.41. Nomura Focused Large Growth ETF has a 52 week low of $23.28 and a 52 week high of $30.74. The firm has a market capitalization of $330.88 million, a PE ratio of 37.23 and a beta of 0.86.

Nomura Focused Large Growth ETF Dividend Announcement

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

Nomura 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.