American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) Sees Significant Drop in Short Interest

American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) saw a significant drop in short interest in January. As of January 15th, there was short interest totaling 23,501 shares, a drop of 47.2% from the December 31st total of 44,522 shares. Based on an average daily trading volume, of 106,257 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 106,257 shares, the short-interest ratio is presently 0.2 days.

American Century U.S. Quality Growth ETF Trading Down 1.8%

Shares of NYSEARCA:QGRO traded down $2.10 during midday trading on Friday, hitting $112.62. 224,755 shares of the stock were exchanged, compared to its average volume of 129,593. American Century U.S. Quality Growth ETF has a twelve month low of $80.25 and a twelve month high of $117.81. The company has a 50 day moving average price of $115.00 and a 200-day moving average price of $113.17. The stock has a market cap of $2.25 billion, a P/E ratio of 32.09 and a beta of 1.10.

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mainstay Capital Management LLC ADV boosted its stake in American Century U.S. Quality Growth ETF by 29.0% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 1,246,969 shares of the company’s stock worth $136,069,000 after buying an additional 280,019 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of American Century U.S. Quality Growth ETF by 23.3% in the third quarter. Raymond James Financial Inc. now owns 921,854 shares of the company’s stock worth $105,460,000 after acquiring an additional 174,206 shares during the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of American Century U.S. Quality Growth ETF by 0.4% in the second quarter. Great Valley Advisor Group Inc. now owns 871,588 shares of the company’s stock worth $95,108,000 after acquiring an additional 3,228 shares during the last quarter. American Century Companies Inc. grew its holdings in American Century U.S. Quality Growth ETF by 3.9% in the third quarter. American Century Companies Inc. now owns 813,843 shares of the company’s stock valued at $93,104,000 after purchasing an additional 30,611 shares during the period. Finally, Larson Financial Group LLC increased its position in American Century U.S. Quality Growth ETF by 34.5% during the third quarter. Larson Financial Group LLC now owns 694,924 shares of the company’s stock worth $79,499,000 after purchasing an additional 178,296 shares during the last quarter.

About American Century 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.