Hedgeye's HECA and HGRO ETFs Reach Key Milestones
Hedgeye Asset Management celebrates the first anniversary of its ETFs.
Hedgeye Asset Management has announced the first anniversary of its two actively managed exchange-traded funds (ETFs), the Hedgeye Capital Allocation ETF (HECA) and the Hedgeye Quality Growth ETF (HGRO). Over the past year, HECA has exceeded $300 million in assets under management, while HGRO has surpassed $125 million.
Launched in 2025, both ETFs are designed to provide investors with access to Hedgeye Risk Management's research-driven investment strategies. The funds are now available on LPL Financial's platform, expanding their accessibility to financial advisors and their clients.
John McNamara, Chief Investment Officer of Hedgeye Asset Management, stated, "One year in, HECA and HGRO are doing exactly what we built them to do: bring Hedgeye Asset Management's disciplined, forward-looking investment process to a broader universe of investors." This growth indicates strong investor confidence in the firm's strategies.
HECA is managed by David Salem and employs a flexible capital allocation strategy that spans various asset classes, sectors, and geographies. The fund aims to compound capital while managing downside risks associated with changing market conditions.
Meanwhile, HGRO, managed by Sam Rahman, focuses on identifying high-quality growth companies with solid business models and promising long-term potential. Rahman emphasized the importance of aligning fundamentals, valuation, and market conditions in investment decisions.
The successful launch and performance of HECA and HGRO highlight Hedgeye Asset Management's commitment to providing active, research-intensive strategies. The firm continues to expand its ETF lineup, recently adding the Hedgeye Index Adds ETF, which targets opportunities arising from companies added to major equity indexes.
This announcement reflects Hedgeye's strategy to offer differentiated investment solutions in a competitive market and highlights the firm's growth trajectory over the past year. The information was provided through a press release distributed by PR Newswire.
This is an independent summary of a press release originally distributed via PR Newswire. GAX Online was not paid for this coverage.
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