Short Interest in American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Decreases By 52.2%

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) saw a significant decrease in short interest in May. As of May 15th, there was short interest totaling 28,753 shares, a decrease of 52.2% from the April 30th total of 60,140 shares. Based on an average trading volume of 123,204 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

American Century U.S. Quality Growth ETF Stock Up 1.1%

Shares of QGRO stock traded up $1.29 during mid-day trading on Monday, reaching $117.79. The company’s stock had a trading volume of 61,397 shares, compared to its average volume of 133,271. The firm has a market capitalization of $2.27 billion, a PE ratio of 32.09 and a beta of 1.10. The company’s 50 day simple moving average is $110.93 and its 200-day simple moving average is $112.07. American Century U.S. Quality Growth ETF has a 12-month low of $101.04 and a 12-month high of $118.05.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of QGRO. SHP Wealth Management acquired a new stake in shares of American Century U.S. Quality Growth ETF in the fourth quarter valued at about $28,000. Greenline Wealth Management LLC acquired a new position in American Century U.S. Quality Growth ETF during the 4th quarter worth approximately $37,000. Kingdom Financial Group LLC. acquired a new position in American Century U.S. Quality Growth ETF during the 4th quarter worth approximately $40,000. Farther Finance Advisors LLC boosted its holdings in American Century U.S. Quality Growth ETF by 260.2% in the 4th quarter. Farther Finance Advisors LLC now owns 425 shares of the company’s stock worth $49,000 after acquiring an additional 307 shares during the period. Finally, Clearstead Advisors LLC purchased a new position in American Century U.S. Quality Growth ETF in the 4th quarter worth approximately $52,000.

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.