The ETF three-year milestone is more than just an opportunity for firms to tout their funds or celebrate years of work. That marker has material consequences for current and future investors in a fund, opening up those strategies to new flows.
Recent years have been very kind to active ETFs. Actively managed ETFs have proliferated and been a key driver of overall ETF launches.
T. Rowe Price Growth ETF hits a 52-week high, fueled by tech-heavy holdings and strong earnings momentum across major stocks.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JAC J. Adam Causey Jackson Thornton Wealth Management LLC | 10,458 | $434,871.35 | $484,257.69 | $49,386.34 | 11.36% |
| TD Timothy Dempsey DHK Financial Advisors Inc. | 19,528 | $680,989.36 | $897,116.32 | $216,126.96 | 31.74% |
| GPB Greg P. Benner Vertex Planning Partners LLC | 9,878 | $357,338.21 | $456,067.26 | $98,729.05 | 27.63% |
Alexandra Stickelman Root Financial Partners, LLC | 1,286 | $56,121 | $59,027.4 | $2,906.4 | 5.18% |
Paul V. Ryan Jr FLAGSHIP WEALTH ADVISORS, LLC | 90,291 | $3.7M | $4.11M | $409,731.18 | 11.08% |
| ARCA Exchange | US Country |
The fund is crafted for investors seeking to capitalize on the growth potential of U.S. equities. By adhering to a growth investing philosophy, the adviser diligently searches for enterprises exhibiting high rates of earnings and cash flow growth. These companies are often positioned within lucrative niches of the economy, enabling them to maintain momentum in earnings even in periods of decelerated economic expansion. With a focus on large-cap companies, though not exclusively, the fund presents a blend of dynamism and scale. Notably, it operates as a non-diversified fund, allowing for focused investments in a select number of high-potential stocks.
At its core, the fund invests in U.S. equity securities, targeting corporations that showcase potential for high growth and profitability. This includes a mix of stocks across various sectors, reflecting the fund's commitment to capturing growth opportunities within the dynamic U.S. market.
The adviser's growth investing approach is fundamental to the fund's strategy. This involves identifying companies with above-average growth in earnings and cash flows. By focusing on these key metrics, the fund aims to invest in businesses capable of sustaining or improving their market position and financial performance over time.
Although the fund typically concentrates on large-cap companies, it retains the flexibility to invest in firms of any size, from small to mega-cap. This approach allows the fund to explore a broad spectrum of investment opportunities, ranging from well-established corporations to emerging companies with the potential for significant growth.