American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Shares Down 1.9% – Should You Sell?

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG)’s share price fell 1.9% on Monday . The company traded as low as $131.29 and last traded at $131.29. Approximately 3,479 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 19,941 shares. The stock had previously closed at $133.86.

American Century Focused Dynamic Growth ETF Stock Performance

The business has a 50-day moving average of $134.61 and a 200-day moving average of $126.93. The stock has a market capitalization of $418.17 million, a price-to-earnings ratio of 34.07 and a beta of 1.28.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. ERn Financial LLC grew its holdings in shares of American Century Focused Dynamic Growth ETF by 9.9% during the fourth quarter. ERn Financial LLC now owns 64,111 shares of the company’s stock worth $8,132,000 after buying an additional 5,798 shares in the last quarter. Apexium Financial LP lifted its stake in shares of American Century Focused Dynamic Growth ETF by 14.6% during the third quarter. Apexium Financial LP now owns 41,967 shares of the company’s stock worth $5,054,000 after purchasing an additional 5,356 shares in the last quarter. AE Wealth Management LLC boosted its stake in shares of American Century Focused Dynamic Growth ETF by 67.6% in the fourth quarter. AE Wealth Management LLC now owns 20,755 shares of the company’s stock valued at $2,633,000 after purchasing an additional 8,370 shares during the period. Delta Investment Management LLC purchased a new position in American Century Focused Dynamic Growth ETF in the fourth quarter valued at about $6,984,000. Finally, Networth Advisors LLC acquired a new position in American Century Focused Dynamic Growth ETF during the 4th quarter worth $4,721,000.

About American Century Focused Dynamic Growth ETF

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model. FDG was launched on Mar 31, 2020 and is issued by American Century Investments.