Short Interest in American Century U.S. Quality Value ETF (NYSEARCA:VALQ) Declines By 97.8%

American Century U.S. Quality Value ETF (NYSEARCA:VALQ) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 553 shares, a decrease of 97.8% from the July 15th total of 25,238 shares. Based on an average trading volume of 3,494 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On American Century U.S. Quality Value ETF

Hedge funds have recently modified their holdings of the company. Royal Bank of Canada raised its position in shares of American Century U.S. Quality Value ETF by 18.6% in the first quarter. Royal Bank of Canada now owns 6,626 shares of the company’s stock valued at $431,000 after buying an additional 1,039 shares during the last quarter. Beam Wealth Advisors Inc. acquired a new position in American Century U.S. Quality Value ETF in the 1st quarter valued at $735,000. Rubicon Advisors GP purchased a new position in shares of American Century U.S. Quality Value ETF during the 4th quarter worth $340,000. Osaic Holdings Inc. lifted its stake in shares of American Century U.S. Quality Value ETF by 26.8% during the 4th quarter. Osaic Holdings Inc. now owns 15,334 shares of the company’s stock worth $1,014,000 after purchasing an additional 3,238 shares during the period. Finally, Private Advisor Group LLC boosted its holdings in shares of American Century U.S. Quality Value ETF by 2.7% during the fourth quarter. Private Advisor Group LLC now owns 606,170 shares of the company’s stock worth $40,092,000 after purchasing an additional 15,808 shares during the last quarter.

American Century U.S. Quality Value ETF Stock Up 0.0%

Shares of VALQ traded up $0.03 during trading hours on Tuesday, reaching $71.94. 3,818 shares of the company traded hands, compared to its average volume of 11,742. The stock has a market capitalization of $339.56 million, a PE ratio of 17.16 and a beta of 0.81. The stock has a fifty day simple moving average of $69.54 and a 200 day simple moving average of $68.04. American Century U.S. Quality Value ETF has a fifty-two week low of $62.30 and a fifty-two week high of $72.16.

American Century U.S. Quality Value ETF Company Profile

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.