American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Hits New 12-Month High – Still a Buy?

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) shares reached a new 52-week high on Tuesday . The company traded as high as $103.86 and last traded at $103.81, with a volume of 7668 shares traded. The stock had previously closed at $103.62.

American Century STOXX U.S. Quality Growth ETF Trading Up 0.3 %

The firm has a 50 day moving average of $95.62 and a two-hundred day moving average of $89.31. The stock has a market capitalization of $1.13 billion, a PE ratio of 33.83 and a beta of 1.14.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of QGRO. Financial Gravity Asset Management Inc. purchased a new position in American Century STOXX U.S. Quality Growth ETF during the second quarter worth $105,000. Larson Financial Group LLC purchased a new stake in American Century STOXX U.S. Quality Growth ETF during the 2nd quarter worth about $151,000. Cozad Asset Management Inc. acquired a new position in American Century STOXX U.S. Quality Growth ETF in the 2nd quarter valued at about $241,000. Strategic Equity Management lifted its holdings in American Century STOXX U.S. Quality Growth ETF by 8.2% in the 2nd quarter. Strategic Equity Management now owns 2,809 shares of the company’s stock valued at $241,000 after purchasing an additional 213 shares in the last quarter. Finally, Western Wealth Management LLC boosted its stake in shares of American Century STOXX U.S. Quality Growth ETF by 11.7% during the 2nd quarter. Western Wealth Management LLC now owns 2,875 shares of the company’s stock worth $247,000 after purchasing an additional 300 shares during the last quarter.

American Century STOXX 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.