American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sets New 12-Month High – Time to Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $107.10 and last traded at $107.08, with a volume of 46611 shares traded. The stock had previously closed at $106.61.

American Century STOXX U.S. Quality Growth ETF Price Performance

The stock’s 50-day moving average is $103.26 and its 200-day moving average is $95.22. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 33.83 and a beta of 1.14.

Institutional Trading of American Century STOXX U.S. Quality Growth ETF

Hedge funds have recently added to or reduced their stakes in the business. Mainstay Capital Management LLC ADV increased its stake in shares of American Century STOXX U.S. Quality Growth ETF by 375.0% during the 4th quarter. Mainstay Capital Management LLC ADV now owns 1,168,742 shares of the company’s stock valued at $116,524,000 after acquiring an additional 922,695 shares during the last quarter. Raymond James Financial Inc. acquired a new position in American Century STOXX U.S. Quality Growth ETF during the fourth quarter worth approximately $41,624,000. Independent Advisor Alliance purchased a new position in American Century STOXX U.S. Quality Growth ETF during the fourth quarter worth approximately $27,644,000. MFA Wealth Services acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF in the 4th quarter valued at $7,571,000. Finally, Larson Financial Group LLC grew its stake in shares of American Century STOXX U.S. Quality Growth ETF by 105.2% during the 4th quarter. Larson Financial Group LLC now owns 102,862 shares of the company’s stock valued at $10,255,000 after buying an additional 52,741 shares during the period.

American Century STOXX 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.