American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Short Interest Down 63.4% in May

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) was the target of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 17,456 shares, a decline of 63.4% from the April 30th total of 47,714 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 6,699 shares, the days-to-cover ratio is currently 2.6 days.

Hedge Funds Weigh In On American Century U.S. Quality Value ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. American Century Companies Inc. boosted its position in American Century U.S. Quality Value ETF by 0.7% in the third quarter. American Century Companies Inc. now owns 1,485,388 shares of the company’s stock valued at $95,753,000 after buying an additional 9,605 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in American Century U.S. Quality Value ETF by 4.3% in the third quarter. Envestnet Asset Management Inc. now owns 818,764 shares of the company’s stock valued at $52,780,000 after buying an additional 33,700 shares in the last quarter. Private Advisor Group LLC boosted its position in American Century U.S. Quality Value ETF by 2.7% in the fourth quarter. Private Advisor Group LLC now owns 606,170 shares of the company’s stock valued at $40,092,000 after buying an additional 15,808 shares in the last quarter. Stratos Wealth Advisors LLC boosted its position in American Century U.S. Quality Value ETF by 2.8% in the fourth quarter. Stratos Wealth Advisors LLC now owns 152,876 shares of the company’s stock valued at $10,111,000 after buying an additional 4,140 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in American Century U.S. Quality Value ETF in the fourth quarter valued at about $3,239,000.

American Century U.S. Quality Value ETF Trading Up 0.2%

NYSEARCA VALQ traded up $0.16 on Friday, reaching $69.51. The company’s stock had a trading volume of 2,343 shares, compared to its average volume of 14,724. The firm has a market cap of $319.75 million, a PE ratio of 17.16 and a beta of 0.81. The business has a 50-day moving average price of $66.25 and a 200 day moving average price of $66.81. American Century U.S. Quality Value ETF has a 52 week low of $60.19 and a 52 week high of $70.07.

About American Century U.S. Quality Value ETF

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.