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About Level Four Large Cap Growth Active ETF
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Inception date
Aug 22, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ALPS Advisors, Inc.
Distributor
ALPS Portfolio Solutions Distributor, Inc.
ISIN
US00162Q3535
LGRO seeks maximum total return and above peer average risk-adjusted return within the US large cap equity space. The investment process begins with quantitative screens to filter for structural constraints and positive financial characteristics. Then using fundamental analysis, stocks are analyzed based on earnings potential, intrinsic value and growth opportunities. The objective is to select stocks of large, seasoned companies that are expected to grow their value over time through efficient investment or competitive advantage. The funds underlying portfolio is constructed taking into consideration diversification and risk controls. Positions are entered opportunistically when a gap exists between the market price and the intrinsic value for the shares. Holdings are monitored and subject to fundamental re-evaluation. Stocks are sold in the event of deteriorating growth factors or a change in investment thesis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks98.12%
Technology Services31.16%
Electronic Technology23.93%
Retail Trade10.28%
Finance9.31%
Producer Manufacturing6.20%
Consumer Services4.11%
Transportation3.01%
Health Technology2.73%
Commercial Services2.35%
Consumer Non-Durables1.73%
Health Services1.45%
Energy Minerals1.04%
Consumer Durables0.80%
Bonds, Cash & Other1.88%
Mutual fund1.88%
Cash0.00%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LGRO invests in stocks. The fund's major sectors are Technology Services, with 31.16% stocks, and Electronic Technology, with 23.93% of the basket. The assets are mostly located in the North America region.
LGRO top holdings are Apple Inc. and Alphabet Inc. Class A, occupying 6.60% and 6.58% of the portfolio correspondingly.
LGRO last dividends amounted to 0.04 USD. The quarter before, the issuer paid 0.02 USD in dividends, which shows a 31.53% increase.
LGRO assets under management is 114.83 M USD. It's risen 5.35% over the last month.
LGRO fund flows account for 10.97 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LGRO pays dividends to its holders with the dividend yield of 0.28%. The last dividend (Sep 23, 2025) amounted to 0.04 USD. The dividends are paid quarterly.
LGRO shares are issued by SS&C Technologies Holdings, Inc. under the brand ALPS. The ETF was launched on Aug 22, 2023, and its management style is Active.
LGRO expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
LGRO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LGRO invests in stocks.
LGRO price has risen by 1.13% over the last month, and its yearly performance shows a 18.34% increase. See more dynamics on LGRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 7.87% increase in three-month performance and has increased by 19.35% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.40% over the last month, showed a 7.87% increase in three-month performance and has increased by 19.35% in a year.
LGRO trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.