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

American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) shares saw unusually-strong trading volume on Tuesday . Approximately 204,143 shares traded hands during trading, an increase of 219% from the previous session’s volume of 63,911 shares.The stock last traded at $94.28 and had previously closed at $95.81.

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

The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 27.65 and a beta of 1.10. The firm has a fifty day moving average of $102.59 and a 200 day moving average of $98.51.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its stake in American Century STOXX U.S. Quality Growth ETF by 339.0% in the fourth quarter. JPMorgan Chase & Co. now owns 360 shares of the company’s stock valued at $36,000 after buying an additional 278 shares in the last quarter. Key Financial Inc grew its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 93.3% during the fourth quarter. Key Financial Inc now owns 725 shares of the company’s stock worth $72,000 after buying an additional 350 shares during the last quarter. Alta Wealth Advisors LLC purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the 4th quarter valued at approximately $209,000. Savvy Advisors Inc. purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the 4th quarter valued at approximately $216,000. Finally, Harbour Investments Inc. boosted its stake in shares of American Century STOXX U.S. Quality Growth ETF by 21.4% during the 4th quarter. Harbour Investments Inc. now owns 2,226 shares of the company’s stock worth $222,000 after acquiring an additional 392 shares in 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.