Cambridge Investment Research Advisors Inc. Has $324,000 Holdings in Zacks Focus Growth ETF (NYSEARCA:GROZ)

Cambridge Investment Research Advisors Inc. raised its position in Zacks Focus Growth ETF (NYSEARCA:GROZ) by 46.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,529 shares of the company’s stock after buying an additional 4,634 shares during the period. Cambridge Investment Research Advisors Inc. owned 1.71% of Zacks Focus Growth ETF worth $324,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new position in shares of Zacks Focus Growth ETF during the fourth quarter worth approximately $487,000. Axxcess Wealth Management LLC acquired a new position in shares of Zacks Focus Growth ETF during the fourth quarter worth approximately $511,000. Finally, Balboa Wealth Partners acquired a new position in shares of Zacks Focus Growth ETF during the fourth quarter worth approximately $223,000.

Zacks Focus Growth ETF Trading Up 0.4%

Shares of GROZ stock opened at $26.66 on Friday. Zacks Focus Growth ETF has a 1 year low of $19.26 and a 1 year high of $26.78. The firm’s 50 day moving average is $25.15 and its 200-day moving average is $24.22. The firm has a market capitalization of $27.19 million and a price-to-earnings ratio of 34.62.

Zacks Focus Growth ETF Profile

The Zacks Focus Growth ETF (GROZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming to provide long-term capital appreciation and minimize loss, through a portfolio of US large-cap growth stocks. Holdings are selected and weighted based on a proprietary AI tool combined with Zacks research.