Level Four Large Cap Growth Active ETF
LGRO·NASDAQ
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Key Stats
Assets Under Management
116.84MUSD
Fund Flow (1Y)
4.99MUSD
Dividend Yield
0.37%
Discount / Premium to NAV
-0.03%
Shares Outstanding
3.07M
Expense Ratio
0.50%
About Level Four Large Cap Growth Active ETF
Issuer
ALPS Advisors, Inc.
Brand
ALPS
Inception Date
Aug 22, 2023
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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.
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 fund's 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
Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Growth
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Sector
Technology
47.46%
Consumer Cyclical
14.55%
Communication Services
13.15%
Financial Services
9.14%
Healthcare
8.09%
Industrials
3.50%
Energy
2.09%
Consumer Defensive
2.02%
Technology
47.46%
Consumer Cyclical
14.55%
Communication Services
13.15%
Financial Services
9.14%
Healthcare
8.09%
Industrials
3.50%
Energy
2.09%
Consumer Defensive
2.02%
Asset
Holdings
Symbol
Ratio
Cash Equivalent
6.98%
AAPL
Apple
6.91%
MSFT
Microsoft
6.53%
GOOGL
Alphabet A
5.72%
AMZN
Amazon.com
5.24%
Symbol
Ratio
NVDA
Nvidia
4.44%
UNH
UnitedHealth Group
3.20%
META
Meta
2.84%
MPWR
Monolithic Power
2.79%
UBER
Uber Technologies
2.73%
Top 10 Weight 47.38%
49 Total Holding
See all holdings
Related Funds
Seasonals
Volume Profile
Trade Flow Insight
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