Bayshore Asset Management LLC Takes $23.34 Million Position in American Century U.S. Quality Growth ETF $QGRO

Bayshore Asset Management LLC purchased a new position in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 197,716 shares of the company’s stock, valued at approximately $23,340,000. American Century U.S. Quality Growth ETF comprises 7.9% of Bayshore Asset Management LLC’s investment portfolio, making the stock its 5th biggest holding. Bayshore Asset Management LLC owned about 1.16% of American Century U.S. Quality Growth ETF at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the stock. Comerica Bank acquired a new position in American Century U.S. Quality Growth ETF in the 1st quarter valued at $83,000. NewEdge Advisors LLC purchased a new stake in shares of American Century U.S. Quality Growth ETF in the first quarter valued at about $400,000. Jane Street Group LLC purchased a new stake in shares of American Century U.S. Quality Growth ETF in the first quarter valued at about $816,000. Marshall Wace LLP acquired a new position in shares of American Century U.S. Quality Growth ETF during the second quarter worth about $751,000. Finally, Brown Advisory Inc. increased its stake in shares of American Century U.S. Quality Growth ETF by 10.7% during the second quarter. Brown Advisory Inc. now owns 5,160 shares of the company’s stock worth $563,000 after acquiring an additional 500 shares during the period.

American Century U.S. Quality Growth ETF Stock Down 0.1%

NYSEARCA QGRO opened at $118.49 on Friday. The stock has a market capitalization of $2.03 billion, a P/E ratio of 32.09 and a beta of 1.09. American Century U.S. Quality Growth ETF has a 52-week low of $101.04 and a 52-week high of $121.01. The firm has a 50-day moving average price of $117.03 and a 200 day moving average price of $113.50.

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.