Zacks Investment ResearchT3·21d ago
LRGG Nomura Focused Large Growth ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
LRGG
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Key stats
About
Nomura Focused Large Growth ETF (LRGG) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2024-05-14
- Has Options
- No
Fund profile
holdings as of Oct 2, 2026third-party datathrough Jun 2026flows, SEC filings
- Expense ratio
- 0.45% prospectus, filed Jul 29, 2025
- Assets
- $264M SEC filing, Jun 30, 2026
- Trailing yield
- 0.15% paid annual
- Average daily volume
- $533K 30 sessions
- Holdings
- 22 top 10 are 71.4%
- Listed
- May 14, 2024 NYSE Arca
- Last fee change
- +1 bp filed Jul 29, 2025
Cost46
Liquidity24
Scale49
Diversification33
Moves with. US large-cap stocks (61% of its variance, beta 0.95); Bitcoin (3% of its variance, beta 0.02). These factors explain 66% of its daily moves over the last year.
Stated objective. Macquarie Focused Large Growth ETF seeks to provide growth of capital. (from the fund's prospectus)
All 22 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Growth ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$29M latest reported month
- Latest 3 months
- +$3.8M +1.4% of assets
- Latest 12 months
- +$13M +5.0% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$29M |
| May 2026 | −$16M |
| Apr 2026 | −$10.0M |
| Mar 2026 | −$53M |
| Feb 2026 | −$28M |
| Jan 2026 | −$11M |
| Dec 2025 | +$5.1M |
| Nov 2025 | −$6.7M |
| Oct 2025 | −$15M |
| Sep 2025 | +$87M |
| Aug 2025 | +$738K |
| Jul 2025 | +$30M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 27 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| BKCGBNY Mellon Concentrated Growth ETF | 49% | 0.50% | $120M | +11.9% | compare |
| IWFGNYLIM Winslow Focused Large Cap Growth ETF | 47% | 0.46% | $61M | +3.1% | compare |
| GTOPGoldman Sachs Technology Opportunities ETF | 45% | 0.65% | $743M | — | compare |
| TCHPT. Rowe Price Blue Chip Growth ETF | 45% | 0.57% | $2.2B | +3.2% | compare |
| NYSXGlobal X NYSE 100 ETF | 44% | 0.09% | $28M | — | compare |
Ranked by how much of the two portfolios is the same securities.
Look-through: what the holdings say
weights as of Oct 2, 2026third-party data- Holdings vs fair value
- −3.0% 8% under, 37% over · 100% covered
- Price / earnings
- 28.4 0% loss-making · 92% covered
- Price / book · sales
- 8.7 · 9.3 revenue growth +14.9%
- Above 200-day average
- 80% 60% above 50-day · by weight
- Short interest
- 1.5% of float, weighted · 2.8 days to cover
- Insider buying
- 9% of weight had net insider buying, 90 days; 71% net selling
- 13F holders
- +0.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 40.3% of weight in 7 days; 54.2% in 14
Holdings reporting in the next 14 days · weighted implied move this week 1.79%
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
What changed in the portfolio
Mar 31, 2026 → Jun 30, 2026| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| New position | GEGeneral Electric Co. | — | 3.74% | — |
| New position | ISRGIntuitive Surgical, Inc. | — | 2.46% | — |
| Decrease | MSFTMicrosoft Corp. | 11.72% | 9.37% | −13.4% |
| Exit | SNPSSynopsys, Inc. | 1.95% | — | — |
| Exit | KOCoca-Cola Co. (The) | 1.75% | — | — |
| Exit | CSGPCoStar Group, Inc. | 1.74% | — | — |
| Increase | GOOGAlphabet, Inc. | 5.26% | 6.78% | +14.2% |
| Decrease | Ferrari NV | 3.20% | 2.15% | −33.2% |
| Increase | INTUIntuit, Inc. | 2.46% | 1.83% | +34.6% |
| Increase | MSIMotorola Solutions, Inc. | 3.63% | 4.08% | +28.2% |
Under the hood
fiscal year to Mar 31, 2026SEC census- Authorized participants
- 4 active of 6 with agreements; top 3 did 100%
- Created · redeemed
- $289M · $148M over the fiscal year
- Redemptions in kind
- 99% creations 99% in kind
- Creation unit
- 25,000 shares
- Securities lending
- authorized, none lent
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-06-30
Holdings
21
AUM
$263.9M
Provider
Nport
Inception
2024-05-14
Exchange
ARCX
Data As Of
2026-06-30
Expense Ratio
0.45%
Dividend Yield
0.15%
Distribution
Annual
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2025-12-31 | 2025-12-31 | $0.0460 | CD |
| 2024-12-23 | 2024-12-30 | $0.0355 | CD |
Asset Allocation
Top Holdings
top 21 of 21 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| NVDA | NVIDIA Corp. | 15.84% | Equity (common) | US |
| MSFT | Microsoft Corp. | 9.37% | Equity (common) | US |
| AAPL | Apple, Inc. | 8.45% | Equity (common) | US |
| GOOG | Alphabet, Inc. | 6.78% | Equity (common) | US |
| AMZN | Amazon.com, Inc. | 5.66% | Equity (common) | US |
| TSM | Taiwan Semiconductor Manufacturing Co. Ltd. | 5.53% | Equity (common) | TW |
| V | Visa, Inc. | 5.11% | Equity (common) | US |
| VRSK | Verisk Analytics, Inc. | 4.62% | Equity (common) | US |
| DHR | Danaher Corp. | 4.33% | Equity (common) | US |
| MSI | Motorola Solutions, Inc. | 4.08% | Equity (common) | US |
| WCN | Waste Connections, Inc. | 4.02% | Equity (common) | CA |
| GE | General Electric Co. | 3.74% | Equity (common) | US |
| SPGI | S&P Global, Inc. | 3.69% | Equity (common) | US |
| MA | Mastercard, Inc. | 3.59% | Equity (common) | US |
| ICE | Intercontinental Exchange, Inc. | 2.98% | Equity (common) | US |
| MSCI | MSCI, Inc. | 2.59% | Equity (common) | US |
| ISRG | Intuitive Surgical, Inc. | 2.46% | Equity (common) | US |
| — | Ferrari NV | 2.15% | Equity (common) | NL |
| VEEV | Veeva Systems, Inc. | 2.13% | Equity (common) | US |
| INTU | Intuit, Inc. | 1.83% | Equity (common) | US |
| — | Invesco Government & Agency Portfolio | 1.03% | Short-term investment | US |
Geographic Breakdown
Non-Equity Breakdown
Nomura Focused Large Growth ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-26)
Net assets:
$264M
· 21 total positions
· equity 98.95%
· non-equity 1.03%
Non-equity holdings
— 1 positions,
1.03% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Short-term investment | 1.03% | $2.7M | 1 |
Chart
Seasonality
| Month | '24 | '25 | '26 | Avg |
|---|---|---|---|---|
| Jan | -- | 1.49% | -2.88% | -0.69% |
| Feb | -- | -0.72% | -5.50% | -3.11% |
| Mar | -- | -2.68% | -5.72% | -4.20% |
| Apr | -- | -0.91% | 8.25% | 3.67% |
| May | -1.20% | 4.17% | 2.48% | 1.82% |
| Jun | 5.45% | 3.95% | -4.98% | 1.47% |
| Jul | -0.10% | 3.95% | 3.83% | 2.56% |
| Aug | 2.86% | 1.92% | 2.10% | 2.29% |
| Sep | 3.06% | 1.90% | 0.44% | 1.80% |
| Oct | 0.11% | 0.20% | 3.50%* | 1.27% |
| Nov | 4.13% | -2.82% | -- | 0.66% |
| Dec | -2.44% | 0.90% | -- | -0.77% |
| Total | 12.21% | 11.60% | 0.52% | 8.11% |
* Only 3 year(s) of data available.
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $30.34
SMA 50: $29.98
SMA 200: $28.30
Current: $30.85
EMA 12: $30.53
EMA 26: $30.28
MACD: 0.2456 | Signal: 0.0202
BULLISH
ADX (14): 15.91
RANGE
+DI: 31.19
−DI: 21.62
Momentum Oscillators
RSI (14): 63.19
NEUTRAL
Stoch %K: 93.04
Stoch %D: 86.40
Williams %R: 0.00
Volume & Volatility
BB Upper: $30.98
BB Lower: $29.69
NEUTRAL
OBV: 6,263,821
Vol SMA 20: 9,862
Vol ROC: -15.15%
ATR: $0.26
True Range: $0.20
HV 20: 10.2%
HV 30: 10.4%
HV 60: 12.1%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
Here is my comprehensive stock analysis report for LRGG:
Executive Summary
Overall assessment: NEUTRAL (confidence level 6/10)
Key drivers: Trend direction, momentum signals, and volume trends.
Primary risks: Technical resistance, volatility contraction, and potential earnings miss.
Recent news sentiment impact: No recent news headlines available, which reduces the impact of this report's analysis on the stock price.
Technical Analysis
Trend Direction: Short-term (1-4 weeks): Uptrend, Medium-term (1-3 months): Uptrend, Long-term (3-12 months): Neutral.
Support/Resistance Levels: Key price levels to monitor are $30.16 (upper Bollinger Band), $29.68 (SMA 20), and $29.20 (lower Bollinger Band).
Momentum Signals:
- RSI interpretation: Neutral, with a reading of 67.04.
- MACD signal: Bullish momentum signal, as the MACD histogram is above zero and the signal line is rising.
- Bollinger Bands position: Overbought, as price has touched the upper band.
Volume Analysis*: Volume trends indicate a moderate decline in trading activity over the past few weeks. Institutional interest signals are weak, with no unusual volume or trading activity observed.
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available for analysis.
Sentiment Assessment: Neutral sentiment, as there is no significant news or market commentary driving sentiment.
Catalyst Identification: No upcoming events or announcements to drive the stock price in the near term. However, earnings season approaches, which may impact the stock's performance.
Risk & Volatility Assessment
Beta Interpretation: Beta of 0.88 indicates a moderate correlation with the broader market, making LRGG slightly less volatile than the average stock.
Volatility Regime: Current volatility is contracting, as indicated by the decline in True Range and Historical Volatility.
Options Market Signals: No unusual options activity observed, suggesting limited institutional interest or speculation.
Downside Protection: Support levels include $29.68 (SMA 20) and $29.20 (lower Bollinger Band).
Market Context & Positioning
Sector Performance: LRGG's performance is neutral compared to its sector, as the stock has been trending with the broader market.
Institutional Activity: Weak institutional interest signals, suggesting limited buying pressure.
Correlation Analysis: LRGG has a moderate correlation (0.75) with the S&P 500 index, indicating it follows market trends.
Relative Valuation: The stock is trading within its historical range, suggesting it may be fairly valued relative to its peers and the broader market.
Key Levels & Action Items
Critical Price Levels: Monitor $30.16 (upper Bollinger Band), $29.68 (SMA 20), and $29.20 (lower Bollinger Band) for potential reversals or breakouts.
Breakout/Breakdown Levels: Break above $30.16 to confirm the uptrend, or below $29.20 to signal a downtrend.
Time-Sensitive Catalysts: Earnings season approaches, which may impact the stock's performance. Monitor news and market commentary for potential catalysts.
Risk Management: Set stop-loss levels at $29.20 (lower Bollinger Band) to manage downside risk, and consider scaling back positions if price fails to break above $30.16.
Please note that this analysis is based on publicly available data and should not be considered investment advice.
Generated
News
All LRGG news →
LRGG Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.8790
Alpha: -8.49%
Correlation: 0.7518
R-Squared: 56.5%
Stock Volatility: 14.8%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Moderate volatility - stock generally follows market
Beta & Alpha Over Time
LRGG Institutional Ownership (13F)
Latest filings — 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
LRGG Constituent Performance
Click any bar to view the full quote for that stock.
LRGG Constituents (19 of 19)
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corp. | 15.84% | $221.97 | +2.54% | +0.30% | -1.57% |
| MSFT | Microsoft Corp. | 9.37% | $532.95 | +0.20% | -0.14% | +6.46% |
| AAPL | Apple, Inc. | 8.45% | $343.99 | +1.32% | +0.30% | +2.07% |
| GOOG | Alphabet, Inc. | 6.78% | $330.95 | -1.62% | -3.70% | -1.20% |
| AMZN | Amazon.com, Inc. | 5.66% | $262.37 | -0.10% | +3.26% | +5.26% |
| TSM | Taiwan Semiconductor Manufacturing Co. Ltd. | 5.53% | $431.89 | +1.60% | +0.44% | -3.29% |
| V | Visa, Inc. | 5.11% | $407.85 | +0.31% | +4.19% | +12.82% |
| VRSK | Verisk Analytics, Inc. | 4.62% | $192.34 | +0.77% | +6.51% | +11.96% |
| DHR | Danaher Corp. | 4.33% | $233.86 | +4.29% | +4.08% | +5.55% |
| MSI | Motorola Solutions, Inc. | 4.08% | $467.5 | +0.87% | +3.49% | +1.53% |
| WCN | Waste Connections, Inc. | 4.02% | $168.28 | -0.71% | +7.31% | +8.28% |
| GE | General Electric Co. | 3.74% | $295.88 | -1.33% | -3.63% | -7.48% |
| SPGI | S&P Global, Inc. | 3.69% | $443.16 | +1.15% | +8.47% | +9.02% |
| MA | Mastercard, Inc. | 3.59% | $622.62 | +0.35% | +3.21% | +11.20% |
| ICE | Intercontinental Exchange, Inc. | 2.98% | $157.69 | -0.55% | +1.66% | +0.86% |
| MSCI | MSCI, Inc. | 2.59% | $604.46 | +2.16% | +7.84% | +8.77% |
| ISRG | Intuitive Surgical, Inc. | 2.46% | $428.12 | -2.26% | +1.88% | +7.49% |
| VEEV | Veeva Systems, Inc. | 2.13% | $320.55 | +0.59% | +7.80% | +18.39% |
| INTU | Intuit, Inc. | 1.83% | $335.61 | +0.10% | +8.11% | +17.02% |