American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Up 217.7% in May

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the target of a significant increase in short interest in May. As of May 15th, there was short interest totaling 10,041 shares, an increase of 217.7% from the April 30th total of 3,161 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 12,743 shares, the days-to-cover ratio is presently 0.8 days.

Institutional Investors Weigh In On American Century Focused Large Cap Value ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in FLV. Envestnet Asset Management Inc. boosted its holdings in shares of American Century Focused Large Cap Value ETF by 0.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 573,087 shares of the company’s stock valued at $42,266,000 after purchasing an additional 2,348 shares during the last quarter. Koenig Investment Advisory LLC purchased a new stake in American Century Focused Large Cap Value ETF during the fourth quarter valued at about $15,729,000. CPA Asset Management Group LLC increased its stake in American Century Focused Large Cap Value ETF by 37.5% during the first quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after acquiring an additional 34,717 shares during the last quarter. Midwestern Financial LLC IA increased its stake in American Century Focused Large Cap Value ETF by 1.1% during the fourth quarter. Midwestern Financial LLC IA now owns 111,760 shares of the company’s stock worth $8,468,000 after acquiring an additional 1,254 shares during the last quarter. Finally, Networth Advisors LLC raised its holdings in shares of American Century Focused Large Cap Value ETF by 3.4% in the 1st quarter. Networth Advisors LLC now owns 100,255 shares of the company’s stock worth $7,688,000 after purchasing an additional 3,312 shares during the period.

American Century Focused Large Cap Value ETF Stock Down 0.5%

Shares of NYSEARCA:FLV opened at $80.23 on Friday. The company has a market cap of $344.99 million, a P/E ratio of 19.58 and a beta of 0.63. American Century Focused Large Cap Value ETF has a 52 week low of $68.01 and a 52 week high of $82.41. The business has a fifty day simple moving average of $78.70 and a 200-day simple moving average of $77.95.

American Century Focused Large Cap Value ETF Company Profile

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.