American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Down 45.8% in June

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 12,124 shares, a drop of 45.8% from the May 31st total of 22,366 shares. Based on an average daily volume of 19,674 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Trading of American Century Focused Large Cap Value ETF

A number of hedge funds have recently modified their holdings of the stock. Koenig Investment Advisory LLC acquired a new stake in American Century Focused Large Cap Value ETF during the fourth quarter worth about $15,729,000. Networth Advisors LLC purchased a new stake in American Century Focused Large Cap Value ETF in the 4th quarter worth approximately $7,345,000. NewEdge Advisors LLC purchased a new stake in American Century Focused Large Cap Value ETF in the 2nd quarter worth approximately $3,483,000. Bank of America Corp DE grew its stake in shares of American Century Focused Large Cap Value ETF by 108.5% during the 2nd quarter. Bank of America Corp DE now owns 70,913 shares of the company’s stock worth $4,949,000 after purchasing an additional 36,900 shares during the period. Finally, CPA Asset Management Group LLC grew its stake in shares of American Century Focused Large Cap Value ETF by 37.5% during the 1st quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after purchasing an additional 34,717 shares during the period.

American Century Focused Large Cap Value ETF Price Performance

NYSEARCA:FLV traded up $0.71 during mid-day trading on Wednesday, hitting $82.01. The company’s stock had a trading volume of 17,178 shares, compared to its average volume of 14,209. American Century Focused Large Cap Value ETF has a 1 year low of $70.25 and a 1 year high of $82.41. The stock has a market cap of $352.64 million, a price-to-earnings ratio of 19.58 and a beta of 0.62. The business’s fifty day moving average is $80.32 and its two-hundred day moving average is $78.94.

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.