Lane Brothers & Co. Inc. Has $6.94 Million Stake in American Century U.S. Quality Growth ETF $QGRO

Lane Brothers & Co. Inc. cut its stake in American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 15.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 66,111 shares of the company’s stock after selling 11,857 shares during the period. American Century U.S. Quality Growth ETF accounts for 5.1% of Lane Brothers & Co. Inc.’s holdings, making the stock its 5th biggest holding. Lane Brothers & Co. Inc.’s holdings in American Century U.S. Quality Growth ETF were worth $6,944,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in QGRO. Trademark Financial Management LLC increased its holdings in shares of American Century U.S. Quality Growth ETF by 2.9% in the 4th quarter. Trademark Financial Management LLC now owns 3,074 shares of the company’s stock worth $352,000 after acquiring an additional 87 shares during the period. Astoria Portfolio Advisors LLC. boosted its stake in American Century U.S. Quality Growth ETF by 2.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 4,442 shares of the company’s stock valued at $503,000 after purchasing an additional 125 shares during the period. Kestra Advisory Services LLC boosted its stake in American Century U.S. Quality Growth ETF by 2.4% during the 4th quarter. Kestra Advisory Services LLC now owns 6,311 shares of the company’s stock valued at $723,000 after purchasing an additional 147 shares during the period. Bedel Financial Consulting Inc. grew its position in American Century U.S. Quality Growth ETF by 0.6% in the 4th quarter. Bedel Financial Consulting Inc. now owns 24,746 shares of the company’s stock worth $2,834,000 after purchasing an additional 153 shares during the last quarter. Finally, Comerica Bank grew its position in American Century U.S. Quality Growth ETF by 7.7% in the 4th quarter. Comerica Bank now owns 2,339 shares of the company’s stock worth $268,000 after purchasing an additional 167 shares during the last quarter.

American Century U.S. Quality Growth ETF Trading Down 0.5%

Shares of NYSEARCA:QGRO opened at $116.34 on Thursday. The firm’s 50 day moving average is $115.38 and its two-hundred day moving average is $112.64. The firm has a market capitalization of $2.03 billion, a P/E ratio of 32.09 and a beta of 1.08. American Century U.S. Quality Growth ETF has a 52 week low of $101.04 and a 52 week high of $118.81.

American Century U.S. Quality Growth ETF 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.