American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Update

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 10,041 shares, an increase of 217.7% from the April 30th total of 3,161 shares. Based on an average daily trading volume, of 12,743 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

American Century Focused Large Cap Value ETF Stock Down 0.5%

NYSEARCA:FLV traded down $0.37 during midday trading on Friday, reaching $80.23. The stock had a trading volume of 1,466 shares, compared to its average volume of 12,433. The firm has a fifty day simple moving average of $78.70 and a two-hundred day simple moving average of $77.95. American Century Focused Large Cap Value ETF has a 12-month low of $68.01 and a 12-month high of $82.41. The stock has a market cap of $344.99 million, a P/E ratio of 19.58 and a beta of 0.63.

Hedge Funds Weigh In On American Century Focused Large Cap Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Allen Capital Group LLC grew its position in American Century Focused Large Cap Value ETF by 4.9% in the 1st quarter. Allen Capital Group LLC now owns 18,803 shares of the company’s stock valued at $1,442,000 after buying an additional 872 shares during the last quarter. Royal Bank of Canada boosted its position in shares of American Century Focused Large Cap Value ETF by 230.0% during the 1st quarter. Royal Bank of Canada now owns 1,881 shares of the company’s stock worth $144,000 after purchasing an additional 1,311 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of American Century Focused Large Cap Value ETF by 27.5% during the 1st quarter. Cetera Investment Advisers now owns 4,846 shares of the company’s stock worth $372,000 after purchasing an additional 1,046 shares in the last quarter. CPA Asset Management Group LLC boosted its position in shares of American Century Focused Large Cap Value ETF by 37.5% during the 1st quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after purchasing an additional 34,717 shares in the last quarter. Finally, Bedel Financial Consulting Inc. increased its holdings in shares of American Century Focused Large Cap Value ETF by 6.4% in the 1st quarter. Bedel Financial Consulting Inc. now owns 88,099 shares of the company’s stock valued at $6,756,000 after purchasing an additional 5,332 shares in the last quarter.

American Century Focused Large Cap Value ETF Company Profile

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.