American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Large Volume Increase – Should You Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) saw an uptick in trading volume on Tuesday . Approximately 32,653 shares traded hands during trading, a decline of 28% from the previous session’s volume of 45,117 shares.The stock last traded at $101.97 and had previously closed at $102.40.

American Century STOXX U.S. Quality Growth ETF Stock Performance

The business’s fifty day moving average price is $101.16 and its two-hundred day moving average price is $92.67. The firm has a market capitalization of $1.10 billion, a P/E ratio of 33.83 and a beta of 1.14.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in QGRO. Raymond James Trust N.A. acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF in the third quarter valued at about $263,000. Cozad Asset Management Inc. increased its holdings in American Century STOXX U.S. Quality Growth ETF by 18.0% in the 3rd quarter. Cozad Asset Management Inc. now owns 3,312 shares of the company’s stock worth $302,000 after buying an additional 506 shares during the period. Private Trust Co. NA raised its position in American Century STOXX U.S. Quality Growth ETF by 10.3% during the 3rd quarter. Private Trust Co. NA now owns 4,168 shares of the company’s stock worth $380,000 after buying an additional 390 shares during the last quarter. Arkadios Wealth Advisors acquired a new stake in American Century STOXX U.S. Quality Growth ETF during the 3rd quarter valued at approximately $402,000. Finally, HighTower Advisors LLC boosted its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 28.3% in the 3rd quarter. HighTower Advisors LLC now owns 5,550 shares of the company’s stock valued at $506,000 after acquiring an additional 1,225 shares during the last quarter.

About American Century STOXX 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.