American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Unusually-High Trading Volume – Still a Buy?

Shares of American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) saw unusually-high trading volume on Friday . Approximately 191,958 shares were traded during mid-day trading, an increase of 252% from the previous session’s volume of 54,584 shares.The stock last traded at $100.69 and had previously closed at $102.68.

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

The company has a 50-day simple moving average of $99.76 and a two-hundred day simple moving average of $91.66. The firm has a market capitalization of $1.10 billion, a P/E ratio of 33.83 and a beta of 1.14.

Institutional Investors Weigh In On American Century STOXX U.S. Quality Growth ETF

A number of hedge funds have recently made changes to their positions in QGRO. HighTower Advisors LLC lifted its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 28.3% in the 3rd quarter. HighTower Advisors LLC now owns 5,550 shares of the company’s stock worth $506,000 after buying an additional 1,225 shares during the period. Procyon Advisors LLC raised its stake in shares of American Century STOXX U.S. Quality Growth ETF by 1.1% during the 3rd quarter. Procyon Advisors LLC now owns 321,051 shares of the company’s stock worth $29,235,000 after acquiring an additional 3,496 shares in the last quarter. LPL Financial LLC boosted its stake in American Century STOXX U.S. Quality Growth ETF by 2.5% in the second quarter. LPL Financial LLC now owns 1,281,491 shares of the company’s stock valued at $110,170,000 after acquiring an additional 31,000 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the second quarter worth about $607,000. Finally, Strategic Financial Concepts LLC acquired a new position in American Century STOXX U.S. Quality Growth ETF during the 2nd quarter valued at approximately $1,829,000.

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.