Level Four Large Cap Growth Active ETF
LGRO
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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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
- 1290 Broadway, Suite 1100 Denver CO United States of America 80203
- IPO Date
- Aug 23, 2023
- Website
- alpsfunds.com
- Similar Companies
- Business
- ALPS ETF Trust - Level Four Large Cap Growth Active ETF (LGRO) is an actively managed exchange-traded fund that seeks maximum total return and above peer average risk-adjusted returns by investing primarily in equity securities of high-quality U.S. large-cap growth companies trading at or below their intrinsic value. The fund, sub-advised by Level Four Capital Management, LLC and advised by SS&C ALPS Advisors, employs a disciplined investment process combining proprietary quantitative screens, fundamental research, and valuation analysis to construct a diversified portfolio of approximately 40-50 holdings, with at least 80% of net assets in common stocks of companies with market capitalizations greater than $10 billion; it benchmarks performance against the Bloomberg US 1000 Growth Index and emphasizes high return on capital, quality financial reporting, strong management, and competitive advantages across sectors such as technology, including top holdings like Microsoft Corp., Apple Inc., Amazon.com Inc., Alphabet Inc., and NVIDIA Corp. Launched on August 22, 2023, and listed on Nasdaq, LGRO operates within the ALPS ETF Trust, a Delaware statutory trust organized in 2007 with administrative headquarters in Denver, Colorado, targeting institutional and retail investors seeking concentrated quality growth exposure in the U.S. equity market. In recent developments, SS&C ALPS Advisors facilitated a Nasdaq bell-ringing ceremony in August 2023 to mark LGRO's launch, highlighting the strategic partnership with Level Four Capital Management, an SEC-registered investment adviser owned by Carr, Riggs & Ingram, LLC. The fund has grown its assets under management to approximately $97.45 million as of mid-2025, with a total operating expense ratio of 0.50% and quarterly distributions, reflecting steady operational expansion since inception. While no major acquisitions, funding rounds, or name changes have been reported for LGRO specifically in the last 1-2 years, ALPS ETF Trust has pursued related strategic shifts, including the planned transfer of several affiliated O'Shares ETFs (OUSM, OUSA, OGIG, OEFA) from Cboe BZX to NYSE Arca in December 2025, underscoring ongoing platform enhancements and exchange optimizations across the trust's offerings.