Nova Wealth Management Inc. Increases Stake in American Century U.S. Quality Growth ETF $QGRO

Nova Wealth Management Inc. lifted its stake in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 470.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,221 shares of the company’s stock after purchasing an additional 22,448 shares during the quarter. American Century U.S. Quality Growth ETF accounts for about 2.2% of Nova Wealth Management Inc.’s portfolio, making the stock its 7th largest position. Nova Wealth Management Inc.’s holdings in American Century U.S. Quality Growth ETF were worth $2,969,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in QGRO. Intrua Financial LLC lifted its position in shares of American Century U.S. Quality Growth ETF by 141.5% in the 1st quarter. Intrua Financial LLC now owns 176,626 shares of the company’s stock worth $16,545,000 after purchasing an additional 103,481 shares during the period. Jane Street Group LLC bought a new stake in shares of American Century U.S. Quality Growth ETF in the 1st quarter worth $816,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of American Century U.S. Quality Growth ETF in the 1st quarter worth $259,000. Ruggaard & Associates LLC grew its stake in shares of American Century U.S. Quality Growth ETF by 3.9% in the 1st quarter. Ruggaard & Associates LLC now owns 138,806 shares of the company’s stock worth $13,002,000 after acquiring an additional 5,253 shares in the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of American Century U.S. Quality Growth ETF in the 1st quarter worth about $400,000.

American Century U.S. Quality Growth ETF Stock Performance

Shares of NYSEARCA:QGRO opened at $113.24 on Friday. The company has a market capitalization of $1.93 billion, a P/E ratio of 32.09 and a beta of 1.08. American Century U.S. Quality Growth ETF has a fifty-two week low of $80.25 and a fifty-two week high of $114.08. The company’s 50-day moving average is $109.95 and its 200 day moving average is $102.92.

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.