American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Reaches New 52-Week High – Should You Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO)’s stock price hit a new 52-week high on Friday . The stock traded as high as $106.67 and last traded at $106.42, with a volume of 3703 shares changing hands. The stock had previously closed at $106.35.

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

The firm has a 50 day moving average of $102.31 and a two-hundred day moving average of $93.87. The stock has a market cap of $1.15 billion, a P/E ratio of 33.83 and a beta of 1.14.

Institutional Trading of American Century STOXX U.S. Quality Growth ETF

Several hedge funds have recently added to or reduced their stakes in QGRO. Cetera Investment Advisers boosted its stake in American Century STOXX U.S. Quality Growth ETF by 2.0% during the 2nd quarter. Cetera Investment Advisers now owns 108,628 shares of the company’s stock valued at $9,339,000 after purchasing an additional 2,097 shares during the period. Sanctuary Advisors LLC bought a new stake in shares of American Century STOXX U.S. Quality Growth ETF in the 2nd quarter worth approximately $607,000. Pathway Financial Advisors LLC lifted its position in shares of American Century STOXX U.S. Quality Growth ETF by 26.9% in the 3rd quarter. Pathway Financial Advisors LLC now owns 59,508 shares of the company’s stock worth $5,419,000 after acquiring an additional 12,629 shares during the period. Freestate Advisors LLC bought a new stake in shares of American Century STOXX U.S. Quality Growth ETF in the 3rd quarter worth approximately $890,000. Finally, Procyon Advisors LLC lifted its position in shares of American Century STOXX U.S. Quality Growth ETF by 1.1% in the 3rd quarter. Procyon Advisors LLC now owns 321,051 shares of the company’s stock worth $29,235,000 after acquiring an additional 3,496 shares during the period.

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.