Hedgeye Quality Growth ETF
HGRO
New York Stock Exchange Arca- -
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
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jun 11, 2025
- Website
- hedgeyeam.com
- Similar Companies
- Business
- Hedgeye Quality Growth ETF (HGRO) is an actively managed exchange-traded fund that seeks to provide exposure to high-quality growth companies exhibiting strong fundamentals, durable competitive advantages, and attractive valuations. The ETF invests primarily in equity securities of U.S. companies selected through a proprietary bottom-up research process focused on metrics such as return on invested capital, earnings growth, and free cash flow generation; it employs a concentrated portfolio typically comprising 25-35 holdings across sectors including technology, consumer discretionary, and healthcare. HGRO offers investors a rules-based yet discretionary approach to growth investing, benchmarked against the Russell 1000 Growth Index, with an emphasis on risk-adjusted returns and low turnover. Headquartered in Stamford, Connecticut, and launched in 2022 by Hedgeye Risk Management LLC, the fund operates within the broader asset management industry, targeting institutional and retail investors seeking alternatives to passive growth strategies. Geographically, HGRO focuses on U.S.-listed equities, with potential exposure to international companies through American Depositary Receipts. In recent developments, Hedgeye expanded its ETF suite in 2024 with the launch of complementary products like the Hedgeye Disruptive Innovator ETF, enhancing its offerings in thematic investing; the firm also announced strategic partnerships with platforms such as Charles Schwab and Fidelity to broaden distribution amid rising assets under management surpassing $100 million for HGRO. No major acquisitions or name changes have occurred in the last 1-2 years, though Hedgeye continues to refine its quantitative screening models to adapt to evolving market dynamics.