Janney Montgomery Scott LLC Reduces Stock Position in American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO)

Janney Montgomery Scott LLC decreased its stake in shares of American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) by 42.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,723 shares of the company’s stock after selling 11,832 shares during the quarter. Janney Montgomery Scott LLC owned about 0.14% of American Century STOXX U.S. Quality Growth ETF worth $1,432,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QGRO. Financial Gravity Asset Management Inc. purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the 2nd quarter valued at approximately $105,000. Larson Financial Group LLC acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF in the 2nd quarter valued at $151,000. Strategic Equity Management grew its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 8.2% during the 2nd quarter. Strategic Equity Management now owns 2,809 shares of the company’s stock worth $241,000 after purchasing an additional 213 shares during the period. Cozad Asset Management Inc. acquired a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the 2nd quarter worth about $241,000. Finally, Western Wealth Management LLC raised its holdings in American Century STOXX U.S. Quality Growth ETF by 11.7% in 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 period.

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

Shares of QGRO stock opened at $99.85 on Friday. American Century STOXX U.S. Quality Growth ETF has a 1-year low of $70.38 and a 1-year high of $101.80. The firm has a market cap of $1.08 billion, a PE ratio of 33.83 and a beta of 1.14. The company has a 50-day moving average of $92.39 and a two-hundred day moving average of $87.59.

American Century STOXX U.S. Quality Growth ETF 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.