Hedgeye Capital Allocation ETF (HECA) and Hedgeye Quality Growth ETF (HGRO) Now Available Through LPL Financial
Hedgeye Asset Management has announced that its Hedgeye Capital Allocation ETF (NYSE: HECA) and Hedgeye Quality Growth ETF (NYSE: HGRO) are now available through LPL Financial. This move aims to enhance accessibility for LPL's more than 22,000 financial advisors and their clients.
LPL Financial is recognized as the largest independent broker-dealer in the United States, providing investment and business solutions to financial advisors nationwide.
HECA is an actively managed ETF that allocates capital across asset classes using Hedgeye's proprietary macro framework. Managed by David Salem, HECA is designed to deliver a rules-based, drawdown-aware approach to portfolio construction. The strategy evaluates the macro environment considering growth, inflation, and policy conditions, allowing for adjustments as market regimes evolve.
HGRO, managed by Sam Rahman, focuses on large-cap quality growth companies. The ETF aims to identify businesses with strong competitive positions, attractive long-term growth prospects, and high-quality financial characteristics. The strategy emphasizes business quality, management execution, balance sheet strength, and long-term earnings potential.
John McNamara, Chief Investment Officer at Hedgeye Asset Management, stated, "The availability of HECA and HGRO through LPL Financial is an important step in broadening advisor access to Hedgeye's actively managed ETF lineup. Both strategies are built to give advisors differentiated tools for client portfolios, combining Hedgeye's investment research, disciplined process and focus on risk management in an efficient ETF structure."
Hedgeye Asset Management offers investment strategies founded on its proprietary research, macro process, and risk management framework, providing investors and advisors with transparent, actively managed strategies across equities and capital allocation.