ALPS Level Four Large Cap Growth Active ETF (NASDAQ:LGRO – Get Free Report) saw a large drop in short interest in January. As of January 30th, there was short interest totaling 1,041 shares, a drop of 85.0% from the January 15th total of 6,924 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 28,044 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 28,044 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
ALPS Level Four Large Cap Growth Active ETF Price Performance
ALPS Level Four Large Cap Growth Active ETF stock traded down $0.06 during mid-day trading on Tuesday, reaching $39.51. 5,704 shares of the company traded hands, compared to its average volume of 18,267. The firm’s fifty day moving average is $41.09 and its two-hundred day moving average is $40.16. The company has a market capitalization of $119.72 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 fifty-two week low of $27.51 and a fifty-two week high of $42.59.
ALPS Level Four Large Cap Growth Active ETF Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Thursday, December 18th were given a $0.0481 dividend. This represents a $0.19 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, December 18th. This is a positive change from ALPS Level Four Large Cap Growth Active ETF’s previous quarterly dividend of $0.04.
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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