Logan Capital Broad Innovative Growth ETF (LCLG)
Logan Capital Broad Innovative Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Newtown Square, PA, US. The stock last traded at $71.06, up 0.08% on the session, giving a market capitalisation of $114.4M. Its beta of 1.37 implies it has historically moved more than the broad market.
LCLG aims to invest in large-cap US-listed companies with sustainable and durable earnings growth. The fund seeks companies with innovative technologies and ideas that often result in a captive market and enable them to gain an advantage over their competitors. Equity investments may include preferred stocks, ADRs, rights and warrants, and IPOs. Up to 20% of the portfolio may be allocated to foreign issuers including those in emerging markets. The fund is designed for long-term growth investors. It uses a three-part investment process that includes top-down macroeconomic analysis, fundamental research, and technical analysis. Securities must pass all three independent screens to be eligible for inclusion. LCLG converted from the mutual fund Logan Capital Large Cap Growth Fund to an ETF with $48 million in assets.
Logan Capital Broad Innovative Growth ETF is most often compared with the following Financial Services names: