Short Interest in American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Rises By 60.1%

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 27,898 shares, a growth of 60.1% from the February 12th total of 17,424 shares. Based on an average daily volume of 113,443 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 113,443 shares, the days-to-cover ratio is currently 0.2 days.

American Century U.S. Quality Growth ETF Stock Down 0.3%

American Century U.S. Quality Growth ETF stock traded down $0.35 during trading hours on Friday, hitting $106.43. The stock had a trading volume of 92,590 shares, compared to its average volume of 142,806. The stock’s 50-day moving average price is $111.89 and its 200-day moving average price is $113.20. The stock has a market capitalization of $2.12 billion, a P/E ratio of 32.09 and a beta of 1.10. American Century U.S. Quality Growth ETF has a 12-month low of $80.25 and a 12-month high of $117.81.

Hedge Funds Weigh In On American Century U.S. Quality Growth ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QGRO. Beacon Financial Advisory LLC increased its position in shares of American Century U.S. Quality Growth ETF by 126.6% during the 3rd quarter. Beacon Financial Advisory LLC now owns 14,714 shares of the company’s stock valued at $1,683,000 after purchasing an additional 8,222 shares during the last quarter. Gilbert Capital Group Inc. purchased a new stake in American Century U.S. Quality Growth ETF during the second quarter valued at approximately $4,971,000. Intrua Financial LLC raised its position in American Century U.S. Quality Growth ETF by 2.3% in the third quarter. Intrua Financial LLC now owns 289,633 shares of the company’s stock worth $33,134,000 after acquiring an additional 6,531 shares during the period. D.A. Davidson & CO. purchased a new position in shares of American Century U.S. Quality Growth ETF during the 3rd quarter worth $3,278,000. Finally, Hershey Financial Advisers LLC bought a new stake in shares of American Century U.S. Quality Growth ETF during the 2nd quarter valued at $540,000.

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.