American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Unusually-High Trading Volume – Time to Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) saw unusually-high trading volume on Tuesday . Approximately 137,545 shares were traded during mid-day trading, an increase of 112% from the previous session’s volume of 64,815 shares.The stock last traded at $98.42 and had previously closed at $98.29.

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

The firm has a market capitalization of $1.16 billion, a P/E ratio of 27.65 and a beta of 1.10. The firm has a 50-day moving average price of $102.25 and a two-hundred day moving average price of $98.87.

American Century STOXX U.S. Quality Growth ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a $0.0919 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This is a boost from American Century STOXX U.S. Quality Growth ETF’s previous dividend of $0.09.

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

Several institutional investors and hedge funds have recently made changes to their positions in QGRO. JPMorgan Chase & Co. increased its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 339.0% in the 4th quarter. JPMorgan Chase & Co. now owns 360 shares of the company’s stock valued at $36,000 after acquiring an additional 278 shares during the period. Key Financial Inc grew its stake in American Century STOXX U.S. Quality Growth ETF by 93.3% in the fourth quarter. Key Financial Inc now owns 725 shares of the company’s stock valued at $72,000 after purchasing an additional 350 shares during the last quarter. Alta Wealth Advisors LLC bought a new position in American Century STOXX U.S. Quality Growth ETF in the fourth quarter worth about $209,000. Savvy Advisors Inc. purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the fourth quarter valued at about $216,000. Finally, Harbour Investments Inc. boosted its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 21.4% in the 4th quarter. Harbour Investments Inc. now owns 2,226 shares of the company’s stock valued at $222,000 after buying an additional 392 shares in 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.