American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Reaches New 52-Week High – Should You Buy?

Shares of American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) reached a new 52-week high on Friday . The stock traded as high as $106.67 and last traded at $106.42, with a volume of 3703 shares. The stock had previously closed at $106.35.

American Century STOXX U.S. Quality Growth ETF Stock Down 0.1 %

The company has a fifty day simple moving average of $102.31 and a two-hundred day simple moving average of $93.87. The stock has a market capitalization of $1.15 billion, a P/E ratio of 33.83 and a beta of 1.14.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors raised its stake in shares of American Century STOXX U.S. Quality Growth ETF by 2.8% in the 4th quarter. Arkadios Wealth Advisors now owns 4,532 shares of the company’s stock valued at $452,000 after purchasing an additional 122 shares during the period. Capital Investment Advisors LLC increased its position in shares of American Century STOXX U.S. Quality Growth ETF by 1.1% in the third quarter. Capital Investment Advisors LLC now owns 22,461 shares of the company’s stock valued at $2,045,000 after acquiring an additional 238 shares during the last quarter. Jane Street Group LLC increased its position in shares of American Century STOXX U.S. Quality Growth ETF by 4.2% in the third quarter. Jane Street Group LLC now owns 7,913 shares of the company’s stock valued at $721,000 after acquiring an additional 316 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of American Century STOXX U.S. Quality Growth ETF by 2.7% in the third quarter. Integrated Wealth Concepts LLC now owns 13,548 shares of the company’s stock valued at $1,234,000 after acquiring an additional 350 shares during the last quarter. Finally, Private Trust Co. NA increased its position in shares of 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 last quarter.

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.