HGRO

Hedgeye Quality Growth ETF

$27.88
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Hedgeye Quality Growth ETF (HGRO) seeks to provide long-term capital appreciation by investing in a portfolio of high-quality, growth-oriented companies.

Overview

ETF tracking Hedgeye Quality Growth ETF

Category Growth
Issuer Other
Inception Date 2025-06-11
Market Cap $30.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $24.79 - $28.58
VWAP $27.87

Performance

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Investment Summary

📎 Investment Objective

The Hedgeye Quality Growth ETF (HGRO) seeks to provide long-term capital appreciation by investing in a portfolio of high-quality, growth-oriented companies.

🎯 Investment Strategy

HGRO aims to achieve its objective by investing in a concentrated portfolio of stocks that Hedgeye's research team has identified as having strong growth potential and high-quality business models. The fund's managers use a fundamental, research-driven approach to select companies they believe are well-positioned to outperform the broader market.

✨ Key Features

  • Actively managed portfolio focused on high-quality growth stocks
  • Concentrated portfolio of approximately 30-50 holdings
  • Emphasis on companies with sustainable competitive advantages and strong growth prospects
  • Managed by Hedgeye, a research-driven investment management firm

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Concentration risk: The fund's concentrated portfolio may be more volatile than a more diversified fund
  • Growth stock risk: Growth stocks may be more susceptible to rapid price swings, especially during periods of economic uncertainty
  • Active management risk: The fund's performance depends on the skill of the portfolio managers in selecting and managing the portfolio

👤 Best For

The Hedgeye Quality Growth ETF may be suitable for investors seeking long-term capital appreciation through exposure to a portfolio of high-quality, growth-oriented companies. This fund may be appropriate for investors with a higher risk tolerance and a longer investment horizon who are willing to accept the increased volatility that can come with a concentrated, actively managed growth portfolio.