Royal Bank of Canada Takes $5.66 Million Position in Nomura Focused Large Growth ETF $LRGG

Royal Bank of Canada acquired a new position in shares of Nomura Focused Large Growth ETF (NYSEARCA:LRGG) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 220,985 shares of the company’s stock, valued at approximately $5,661,000. Royal Bank of Canada owned about 2.43% of Nomura Focused Large Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Susquehanna International Group LLP purchased a new position in Nomura Focused Large Growth ETF in the third quarter valued at $2,033,000. Kestra Advisory Services LLC purchased a new stake in Nomura Focused Large Growth ETF during the 1st quarter worth about $560,000. Proactive Wealth Strategies LLC boosted its position in shares of Nomura Focused Large Growth ETF by 98.1% during the 4th quarter. Proactive Wealth Strategies LLC now owns 36,787 shares of the company’s stock worth $1,089,000 after acquiring an additional 18,217 shares in the last quarter. Valley Wealth Managers Inc. boosted its position in shares of Nomura Focused Large Growth ETF by 1.3% during the 4th quarter. Valley Wealth Managers Inc. now owns 846,385 shares of the company’s stock worth $25,053,000 after acquiring an additional 10,888 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Nomura Focused Large Growth ETF during the 1st quarter worth about $249,000.

Nomura Focused Large Growth ETF Stock Performance

LRGG opened at $29.71 on Thursday. Nomura Focused Large Growth ETF has a one year low of $24.75 and a one year high of $30.74. The company has a market cap of $306.01 million, a P/E ratio of 37.23 and a beta of 0.87. The business’s 50-day simple moving average is $28.21 and its 200-day simple moving average is $27.60.

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.