American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Trading Down 2.9% – Here’s Why

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG)’s stock price fell 2.9% during trading on Tuesday . The stock traded as low as $130.60 and last traded at $130.78. Approximately 18,020 shares were traded during trading, a decline of 3% from the average daily volume of 18,536 shares. The stock had previously closed at $134.64.

American Century Focused Dynamic Growth ETF Stock Down 1.0%

The stock has a market capitalization of $411.50 million, a PE ratio of 34.07 and a beta of 1.29. The business’s 50-day moving average is $131.00 and its two-hundred day moving average is $127.27.

Institutional Trading of American Century Focused Dynamic Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in FDG. NBC Securities Inc. boosted its position in shares of American Century Focused Dynamic Growth ETF by 102.5% in the 4th quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $102,000 after purchasing an additional 406 shares during the period. Advisortrust Partners LLC acquired a new position in American Century Focused Dynamic Growth ETF during the first quarter worth approximately $135,000. Lloyd Advisory Services LLC. purchased a new stake in American Century Focused Dynamic Growth ETF in the fourth quarter valued at approximately $167,000. High Falls Advisors Inc purchased a new stake in American Century Focused Dynamic Growth ETF in the second quarter valued at approximately $302,000. Finally, Realta Investment Advisors boosted its holdings in shares of American Century Focused Dynamic Growth ETF by 33.0% in the first quarter. Realta Investment Advisors now owns 2,738 shares of the company’s stock valued at $312,000 after acquiring an additional 679 shares during the period.

About American Century Focused Dynamic Growth ETF

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model. FDG was launched on Mar 31, 2020 and is issued by American Century Investments.