American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Strong Trading Volume – Still a Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) saw unusually-high trading volume on Tuesday . Approximately 32,653 shares changed hands during trading, a decline of 28% from the previous session’s volume of 45,117 shares.The stock last traded at $101.97 and had previously closed at $102.40.

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

The business has a 50-day simple moving average of $100.84 and a two-hundred day simple moving average of $92.51. The company has a market capitalization of $1.09 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

Several hedge funds have recently made changes to their positions in QGRO. Raymond James Trust N.A. acquired a new stake in shares of American Century STOXX U.S. Quality Growth ETF in the 3rd quarter valued at approximately $263,000. Cozad Asset Management Inc. lifted its holdings in American Century STOXX U.S. Quality Growth ETF by 18.0% in the third quarter. Cozad Asset Management Inc. now owns 3,312 shares of the company’s stock valued at $302,000 after acquiring an additional 506 shares during the period. Private Trust Co. NA lifted its holdings in American Century STOXX U.S. Quality Growth ETF by 10.3% in the third quarter. Private Trust Co. NA now owns 4,168 shares of the company’s stock valued at $380,000 after acquiring an additional 390 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the 3rd quarter worth $402,000. Finally, Financial Advocates Investment Management grew its stake in shares of American Century STOXX U.S. Quality Growth ETF by 18.1% during the 3rd quarter. Financial Advocates Investment Management now owns 5,553 shares of the company’s stock worth $506,000 after purchasing an additional 852 shares during the period.

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.