American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Reaches New 1-Year High – Here’s What Happened

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $115.97 and last traded at $115.38, with a volume of 67188 shares. The stock had previously closed at $115.51.

American Century U.S. Quality Growth ETF Stock Down 0.6%

The stock has a market cap of $1.96 billion, a price-to-earnings ratio of 32.09 and a beta of 1.08. The business has a 50-day moving average of $110.85 and a 200-day moving average of $103.68.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. acquired a new stake in American Century U.S. Quality Growth ETF in the 1st quarter valued at $26,000. Advantage Trust Co bought a new position in shares of American Century U.S. Quality Growth ETF during the second quarter valued at $31,000. US Bancorp DE acquired a new stake in shares of American Century U.S. Quality Growth ETF in the 1st quarter valued at $34,000. Nemes Rush Group LLC bought a new stake in shares of American Century U.S. Quality Growth ETF in the 1st quarter worth about $59,000. Finally, Park Place Capital Corp bought a new stake in shares of American Century U.S. Quality Growth ETF in the 2nd quarter worth about $73,000.

American Century 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.