American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Hits New 1-Year High – Here’s Why

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO)’s share price hit a new 52-week high on Friday . The stock traded as high as $91.74 and last traded at $91.74, with a volume of 15504 shares. The stock had previously closed at $90.63.

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

The company has a market cap of $997.44 million, a P/E ratio of 33.83 and a beta of 1.14. The firm’s fifty day moving average is $87.34 and its two-hundred day moving average is $85.24.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the 1st quarter worth $9,435,000. Cetera Investment Advisers purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the 1st quarter worth $9,049,000. Osaic Holdings Inc. lifted its stake in American Century STOXX U.S. Quality Growth ETF by 50.0% in the 1st quarter. Osaic Holdings Inc. now owns 211,381 shares of the company’s stock worth $17,954,000 after purchasing an additional 70,505 shares in the last quarter. Procyon Advisors LLC lifted its stake in American Century STOXX U.S. Quality Growth ETF by 13.8% in the 1st quarter. Procyon Advisors LLC now owns 364,173 shares of the company’s stock worth $30,933,000 after purchasing an additional 44,060 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its position in shares of American Century STOXX U.S. Quality Growth ETF by 14.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 292,465 shares of the company’s stock valued at $25,143,000 after buying an additional 36,209 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.