American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Strong Trading Volume

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) shares saw an uptick in trading volume on Wednesday . 141,952 shares traded hands during mid-day trading, an increase of 161% from the previous session’s volume of 54,465 shares.The stock last traded at $86.73 and had previously closed at $86.74.

American Century STOXX U.S. Quality Growth ETF Price Performance

The company has a market capitalization of $922.58 million, a price-to-earnings ratio of 33.83 and a beta of 1.14. The firm’s 50-day simple moving average is $86.01 and its two-hundred day simple moving average is $84.22.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. MONECO Advisors LLC raised its holdings in American Century STOXX U.S. Quality Growth ETF by 18.7% in the 4th quarter. MONECO Advisors LLC now owns 7,861 shares of the company’s stock valued at $598,000 after acquiring an additional 1,241 shares during the last quarter. BlueChip Wealth Advisors LLC purchased a new position in American Century STOXX U.S. Quality Growth ETF in the 4th quarter worth approximately $1,212,000. Per Stirling Capital Management LLC. raised its stake in shares of American Century STOXX U.S. Quality Growth ETF by 0.9% during the fourth quarter. Per Stirling Capital Management LLC. now owns 124,934 shares of the company’s stock valued at $9,505,000 after purchasing an additional 1,065 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in American Century STOXX U.S. Quality Growth ETF by 23.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 100,072 shares of the company’s stock worth $7,613,000 after buying an additional 19,257 shares in the last quarter. Finally, Financial Advocates Investment Management increased its position in shares of American Century STOXX U.S. Quality Growth ETF by 19.2% during the fourth quarter. Financial Advocates Investment Management now owns 105,426 shares of the company’s stock worth $7,976,000 after acquiring an additional 16,947 shares during the last quarter.

American Century STOXX U.S. Quality Growth ETF Company Profile

The American Century U.S. Quality Growth ETF (QGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks. Holdings are selected and weighted by growth and quality factors. QGRO was launched on Sep 10, 2018 and is managed by American Century Investments.