Nomura Focused Large Growth ETF (NYSEARCA:LRGG) Sees Significant Decrease in Short Interest

Nomura Focused Large Growth ETF (NYSEARCA:LRGG) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 515 shares, a decline of 62.5% from the April 30th total of 1,372 shares. Based on an average trading volume of 31,904 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in LRGG. Jane Street Group LLC acquired a new position in Nomura Focused Large Growth ETF during the 1st quarter worth approximately $249,000. Benjamin Edwards Inc. boosted its position 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 worth $291,000 after acquiring an additional 746 shares in the last quarter. Valley Wealth Managers Inc. boosted its position in shares of Nomura Focused Large Growth ETF by 6.8% during the 3rd quarter. Valley Wealth Managers Inc. now owns 835,497 shares of the company’s stock worth $25,107,000 after acquiring an additional 53,506 shares in the last quarter. Proactive Wealth Strategies LLC boosted its position in shares of Nomura Focused Large Growth ETF by 91.8% during the 3rd quarter. Proactive Wealth Strategies LLC now owns 18,570 shares of the company’s stock worth $558,000 after acquiring an additional 8,890 shares in the last quarter. Finally, Horizon Wealth Management LLC acquired a new position in shares of Nomura Focused Large Growth ETF during the 3rd quarter worth about $2,572,000.

Nomura Focused Large Growth ETF Stock Up 0.2%

NYSEARCA LRGG opened at $28.52 on Friday. Nomura Focused Large Growth ETF has a 52 week low of $24.75 and a 52 week high of $30.74. The stock has a market capitalization of $259.53 million, a PE ratio of 37.23 and a beta of 0.91. The firm has a 50 day moving average of $27.18 and a two-hundred day moving average of $28.04.

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.