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This actively managed exchange-traded fund (ETF) is designed to achieve significant long-term capital growth. It accomplishes this by strategically allocating its investments to large-capitalization U.S. company stocks.
Is GRNY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Fundstrat Granny Shots US Large Cap ETF (GRNY) is maintained at 'hold' due to elevated risk and reliance on the AI spending cycle and declining interest rates. GRNY's strategy favors growth stocks, with high exposure to AI-infrastructure names and a portfolio beta of 1.32, signaling high risk. Despite similar historical growth to IVV, GRNY's forward EPS growth expectations are higher, but valuation is less attractive on a growth-at-a-reasonable-price basis.
Farther Finance Advisors LLC purchased a new stake in shares of Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 92,530 shares of the company's stock, valued at approximately $2,575,000.
The Fundstrat Granny Shots US Large Cap ETF is a "Hold" due to questionable crypto allocations. GRNY's performance is benchmarked against ARKK, QQQ, and VOO, highlighting its competitive positioning among large-cap ETFs. Tom Lee's team actively adjusts GRNY's holdings, demonstrating a dynamic approach to portfolio construction.
Fundstrat Granny Shots U.S. Large Cap ETF (NYSEARCA:GRNY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Monday. The company traded as high as $28.58 and last traded at $28.4970, with a volume of 1087417 shares trading hands. The stock had previously closed at $28.32. Fundstrat Granny Shots U.S.