American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Significant Drop in Short Interest

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) saw a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 15,839 shares, a decline of 43.2% from the February 26th total of 27,898 shares. Based on an average trading volume of 135,774 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trademark Financial Management LLC lifted its holdings in shares of American Century U.S. Quality Growth ETF by 2.9% during the fourth quarter. Trademark Financial Management LLC now owns 3,074 shares of the company’s stock worth $352,000 after buying an additional 87 shares in the last quarter. Apollon Financial LLC raised its stake in American Century U.S. Quality Growth ETF by 3.4% in the 3rd quarter. Apollon Financial LLC now owns 3,065 shares of the company’s stock worth $351,000 after purchasing an additional 100 shares in the last quarter. Bedel Financial Consulting Inc. boosted its holdings in American Century U.S. Quality Growth ETF by 0.4% in the 3rd quarter. Bedel Financial Consulting Inc. now owns 24,593 shares of the company’s stock valued at $2,813,000 after purchasing an additional 108 shares during the period. Financial Advocates Investment Management boosted its holdings in American Century U.S. Quality Growth ETF by 2.6% in the 2nd quarter. Financial Advocates Investment Management now owns 5,163 shares of the company’s stock valued at $563,000 after purchasing an additional 130 shares during the period. Finally, Legacy CG LLC grew its position in shares of American Century U.S. Quality Growth ETF by 0.5% during the 3rd quarter. Legacy CG LLC now owns 24,366 shares of the company’s stock worth $2,787,000 after purchasing an additional 133 shares in the last quarter.

American Century U.S. Quality Growth ETF Stock Performance

Shares of NYSEARCA QGRO traded down $1.63 during trading hours on Friday, reaching $102.69. 101,519 shares of the stock were exchanged, compared to its average volume of 146,078. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of 32.09 and a beta of 1.10. American Century U.S. Quality Growth ETF has a 52 week low of $80.25 and a 52 week high of $117.81. The stock’s fifty day simple moving average is $109.90 and its 200 day simple moving average is $112.87.

American Century 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.