ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 225 shares, a decrease of 70.1% from the September 30th total of 753 shares. Based on an average daily trading volume, of 4,283 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
ALPS Level Four Large Cap Growth Active ETF Stock Down 1.7%
LGRO traded down $0.79 during trading on Thursday, reaching $46.67. 393 shares of the company were exchanged, compared to its average volume of 8,526. The company has a market cap of $143.76 million, a price-to-earnings ratio of 27.33 and a beta of 1.23. ALPS Level Four Large Cap Growth Active ETF has a 12-month low of $35.71 and a 12-month high of $48.20. The company’s 50-day moving average is $47.07 and its two-hundred day moving average is $42.95.
ALPS Level Four Large Cap Growth Active ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Thursday, September 17th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Thursday, September 17th. This is a negative change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.0411. This represents a $0.12 annualized dividend and a dividend yield of 0.3%.
ALPS Level Four Large Cap Growth Active ETF Company Profile
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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