American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Hits New 52-Week High – Here’s Why

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) shares reached a new 52-week high during trading on Friday . The stock traded as high as $101.90 and last traded at $101.90, with a volume of 1677 shares. The stock had previously closed at $101.40.

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

The company has a 50 day moving average of $94.00 and a 200 day moving average of $88.39. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 33.83 and a beta of 1.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Financial Gravity Asset Management Inc. acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF during the 2nd quarter worth about $105,000. Larson Financial Group LLC purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF in the 2nd quarter valued at about $151,000. Cozad Asset Management Inc. purchased a new stake in shares of American Century STOXX U.S. Quality Growth ETF in the 2nd quarter valued at about $241,000. Strategic Equity Management lifted its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 8.2% in the 2nd quarter. Strategic Equity Management now owns 2,809 shares of the company’s stock valued at $241,000 after purchasing an additional 213 shares during the last quarter. Finally, Western Wealth Management LLC lifted its holdings in shares of 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 purchasing an additional 300 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.