American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Hits New 12-Month High – Should You Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) shares reached a new 52-week high on Tuesday . The stock traded as high as $103.86 and last traded at $103.81, with a volume of 7668 shares. The stock had previously closed at $103.62.

American Century STOXX U.S. Quality Growth ETF Trading Up 1.5 %

The company’s 50-day moving average price is $96.18 and its two-hundred day moving average price is $89.56. The company has a market cap of $1.15 billion, a P/E ratio of 33.83 and a beta of 1.14.

Institutional Investors Weigh In On American Century STOXX U.S. Quality Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Procyon Advisors LLC grew its position in shares of American Century STOXX U.S. Quality Growth ETF by 1.1% during the 3rd quarter. Procyon Advisors LLC now owns 321,051 shares of the company’s stock valued at $29,235,000 after buying an additional 3,496 shares during the last quarter. LPL Financial LLC grew its position in shares of American Century STOXX U.S. Quality Growth ETF by 2.5% during the 2nd quarter. LPL Financial LLC now owns 1,281,491 shares of the company’s stock valued at $110,170,000 after buying an additional 31,000 shares during the last quarter. Western Wealth Management LLC grew its position in shares of American Century STOXX U.S. Quality Growth ETF by 11.7% during the 2nd quarter. Western Wealth Management LLC now owns 2,875 shares of the company’s stock valued at $247,000 after buying an additional 300 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the 2nd quarter valued at about $607,000. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of American Century STOXX U.S. Quality Growth ETF by 14.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 292,465 shares of the company’s stock valued at $25,143,000 after buying an additional 36,209 shares during the last quarter.

About American Century STOXX U.S. Quality Growth ETF

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.