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

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) saw strong trading volume on Monday . 192,102 shares were traded during mid-day trading, an increase of 180% from the previous session’s volume of 68,534 shares.The stock last traded at $84.77 and had previously closed at $84.15.

American Century STOXX U.S. Quality Growth ETF Stock Up 0.5 %

The stock has a market capitalization of $1.04 billion, a PE ratio of 28.59 and a beta of 1.10. The stock’s 50-day moving average is $100.17 and its 200 day moving average is $99.13.

American Century STOXX U.S. Quality Growth ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.0919 per share. This is a positive change from American Century STOXX U.S. Quality Growth ETF’s previous dividend of $0.09. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Strategic Financial Concepts LLC acquired a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the 4th quarter valued at about $25,000. JPMorgan Chase & Co. raised its position in American Century STOXX U.S. Quality Growth ETF by 339.0% during the fourth quarter. JPMorgan Chase & Co. now owns 360 shares of the company’s stock valued at $36,000 after acquiring an additional 278 shares in the last quarter. Key Financial Inc lifted its stake in American Century STOXX U.S. Quality Growth ETF by 93.3% in the fourth quarter. Key Financial Inc now owns 725 shares of the company’s stock valued at $72,000 after acquiring an additional 350 shares during the last quarter. Alta Wealth Advisors LLC bought a new stake in American Century STOXX U.S. Quality Growth ETF in the fourth quarter worth approximately $209,000. Finally, Savvy Advisors Inc. acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF during the 4th quarter worth $216,000.

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.