American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Sees Large Growth in Short Interest

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 3,161 shares, an increase of 259.2% from the April 15th total of 880 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 11,809 shares, the days-to-cover ratio is presently 0.3 days.

American Century Focused Large Cap Value ETF Trading Up 0.5%

NYSEARCA:FLV traded up $0.40 on Thursday, reaching $80.01. 4,796 shares of the stock traded hands, compared to its average volume of 12,793. The company has a market capitalization of $344.04 million, a price-to-earnings ratio of 19.58 and a beta of 0.63. American Century Focused Large Cap Value ETF has a 12 month low of $67.62 and a 12 month high of $82.41. The company’s fifty day simple moving average is $78.18 and its 200 day simple moving average is $77.37.

Institutional Trading of American Century Focused Large Cap Value ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Bedel Financial Consulting Inc. increased its stake in American Century Focused Large Cap Value ETF by 9.1% during the 3rd quarter. Bedel Financial Consulting Inc. now owns 79,450 shares of the company’s stock valued at $5,860,000 after purchasing an additional 6,660 shares in the last quarter. Networth Advisors LLC purchased a new stake in shares of American Century Focused Large Cap Value ETF during the 4th quarter valued at about $7,345,000. CPA Asset Management Group LLC boosted its holdings in shares of American Century Focused Large Cap Value ETF by 32.7% during the 4th quarter. CPA Asset Management Group LLC now owns 92,566 shares of the company’s stock valued at $7,014,000 after acquiring an additional 22,826 shares during the last quarter. Midwestern Financial LLC IA boosted its holdings in shares of American Century Focused Large Cap Value ETF by 8.8% during the 3rd quarter. Midwestern Financial LLC IA now owns 110,506 shares of the company’s stock valued at $8,150,000 after acquiring an additional 8,908 shares during the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of American Century Focused Large Cap Value ETF by 30.5% during the 3rd quarter. AE Wealth Management LLC now owns 35,505 shares of the company’s stock valued at $2,618,000 after acquiring an additional 8,301 shares during the last quarter.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.