(LRGG) Macquarie Trust - Ratings and Ratios

The Macquarie ETF Trust (NYSE ARCA: LRGG) is a non-diversified exchange-traded fund (ETF) primarily focused on large-capitalization growth-oriented companies. Under normal market conditions, the fund allocates at least 80% of its net assets, plus borrowings for investment purposes, to securities of large-cap firms. These companies are selected by Delaware Management Company, the funds investment adviser, based on their high quality, competitively advantaged business models, and long-term growth potential. The fund trades on the NYSE ARCA exchange with an average 20-day volume of 50,543 shares. As of the latest data, the funds assets under management (AUM) total $46.04 million.

From a technical perspective, LRGG is currently priced at $26.64, slightly below its 20-day simple moving average (SMA) of $27.61 and 50-day SMA of $27.76. However, it remains close to its 200-day SMA of $27.02, indicating relative stability over the longer term. The Average True Range (ATR) of 0.36 reflects moderate price volatility. This suggests that the funds price movements are relatively contained, with limited directional momentum in recent sessions.

3-Month Forecast: Based on current technical and fundamental trends, LRGG is expected to trade in a narrow range between $26.00 and $28.50 over the next three months. The funds proximity to its key moving averages suggests a sideways or slightly bullish trajectory, supported by the stability of its underlying large-cap growth holdings. However, the modest AUM of $46.04 million could limit liquidity, potentially amplifying volatility during periods of low trading volume. Investors should monitor the funds ability to maintain its current valuation levels amid broader market conditions.