American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Short Interest Update

by · The Markets Daily

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO – Get Free Report) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 28,753 shares, a decline of 52.2% from the April 30th total of 60,140 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 123,204 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. AE Wealth Management LLC increased its position in shares of American Century U.S. Quality Growth ETF by 53.1% in the fourth quarter. AE Wealth Management LLC now owns 42,932 shares of the company’s stock valued at $4,917,000 after buying an additional 14,897 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of American Century U.S. Quality Growth ETF by 34.5% in the 3rd quarter. Larson Financial Group LLC now owns 694,924 shares of the company’s stock worth $79,499,000 after buying an additional 178,296 shares in the last quarter. Weil Company Inc. increased its holdings in American Century U.S. Quality Growth ETF by 11.4% during the 3rd quarter. Weil Company Inc. now owns 45,556 shares of the company’s stock valued at $5,212,000 after acquiring an additional 4,651 shares in the last quarter. Private Advisor Group LLC raised its position in American Century U.S. Quality Growth ETF by 8.8% during the third quarter. Private Advisor Group LLC now owns 269,802 shares of the company’s stock worth $30,865,000 after acquiring an additional 21,861 shares during the last quarter. Finally, Next Level Private LLC lifted its holdings in shares of American Century U.S. Quality Growth ETF by 65.7% in the fourth quarter. Next Level Private LLC now owns 297,464 shares of the company’s stock valued at $34,066,000 after purchasing an additional 117,925 shares in the last quarter.

American Century U.S. Quality Growth ETF Stock Up 1.1%

Shares of NYSEARCA QGRO traded up $1.29 during mid-day trading on Monday, hitting $117.79. 61,397 shares of the company were exchanged, compared to its average volume of 133,271. The stock has a 50 day simple moving average of $110.93 and a 200-day simple moving average of $112.07. American Century U.S. Quality Growth ETF has a 1-year low of $101.04 and a 1-year high of $118.05. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of 32.09 and a beta of 1.10.

About American Century U.S. Quality Growth ETF

(Get Free Report)

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.

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