American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Short Interest Update

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 64,489 shares, a growth of 161.7% from the May 31st total of 24,639 shares. Based on an average daily volume of 212,043 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in QGRO. NewEdge Advisors LLC increased its holdings in shares of American Century U.S. Quality Growth ETF by 43.4% during the first quarter. NewEdge Advisors LLC now owns 293,441 shares of the company’s stock valued at $30,820,000 after purchasing an additional 88,832 shares during the period. Cozad Asset Management Inc. grew its position in American Century U.S. Quality Growth ETF by 1.9% in the 1st quarter. Cozad Asset Management Inc. now owns 17,077 shares of the company’s stock valued at $1,794,000 after buying an additional 325 shares in the last quarter. Access Investment Management LLC acquired a new position in American Century U.S. Quality Growth ETF during the 1st quarter valued at about $152,000. Arkadios Wealth Advisors increased its stake in American Century U.S. Quality Growth ETF by 113.9% during the 1st quarter. Arkadios Wealth Advisors now owns 106,142 shares of the company’s stock valued at $11,148,000 after buying an additional 56,517 shares during the period. Finally, Waverly Advisors LLC raised its position in shares of American Century U.S. Quality Growth ETF by 47.8% during the 1st quarter. Waverly Advisors LLC now owns 5,320 shares of the company’s stock worth $559,000 after buying an additional 1,721 shares in the last quarter.

American Century U.S. Quality Growth ETF Stock Performance

Shares of QGRO traded up $1.07 during mid-day trading on Tuesday, reaching $118.22. 59,034 shares of the company’s stock traded hands, compared to its average volume of 139,499. The business’s 50-day moving average price is $114.48 and its 200-day moving average price is $112.50. The stock has a market capitalization of $2.28 billion, a P/E ratio of 32.09 and a beta of 1.09. American Century U.S. Quality Growth ETF has a 12 month low of $101.04 and a 12 month high of $118.81.

About American Century 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.