ClearBridge All Cap Growth ESG ETF
CACG
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- New York City MD United States of America
- IPO Date
- May 4, 2017
- CIK
- 0001645194
- Similar Companies
- Business
- ClearBridge All Cap Growth ESG ETF (CACG) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in a diversified portfolio of large-, mid-, and small-capitalization U.S. stocks demonstrating potential for above-average long-term earnings or cash flow growth while meeting proprietary environmental, social, and governance (ESG) criteria; the fund emphasizes high-conviction positions across growth spectrum categories including cyclical, stable, and select growth stocks, with key sector exposures in technology services, electronic technology, and health services. Issued by Legg Mason ETF Investment Trust and managed by ClearBridge Investments, a subsidiary of Franklin Templeton with headquarters in New York, the ETF was launched in 2017 and primarily targets institutional and retail investors seeking growth-oriented equity exposure with integrated ESG screening. Assets under management stand at approximately $125 million, with shares trading on Nasdaq under the ticker CACG. In a significant strategic reorganization approved by the funds' board of trustees on February 29, 2024, and completed on June 14, 2024, CACG merged into ClearBridge Large Cap Growth ESG ETF (LRGE), transferring substantially all assets and liabilities to the latter in exchange for LRGE shares distributed pro-rata to CACG shareholders, with cash issued for fractional shares; this shift refocused the strategy toward large-capitalization growth stocks aligned with the Russell 1000 Growth Index while retaining ESG integration. No additional major partnerships, acquisitions, funding rounds, or new product launches have been announced for CACG in the past two years. The reorganization enhances operational efficiency and aligns with evolving market preferences for concentrated large-cap growth strategies amid heightened volatility in small- and mid-cap segments.