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

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 949 shares, a decrease of 72.5% from the October 15th total of 3,454 shares. Based on an average daily volume of 15,588 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.

American Century Focused Large Cap Value ETF Trading Down 1.6%

Shares of FLV traded down $1.41 during mid-day trading on Friday, reaching $88.32. 44,804 shares of the stock traded hands, compared to its average volume of 11,862. The company has a market cap of $398.32 million, a price-to-earnings ratio of 19.58 and a beta of 0.60. American Century Focused Large Cap Value ETF has a 1 year low of $72.87 and a 1 year high of $90.30. The firm has a fifty day moving average price of $85.82 and a 200 day moving average price of $82.47.

Hedge Funds Weigh In On American Century Focused Large Cap Value ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Koenig Investment Advisory LLC boosted its position in shares of American Century Focused Large Cap Value ETF by 10.3% during the 3rd quarter. Koenig Investment Advisory LLC now owns 253,474 shares of the company’s stock valued at $20,881,000 after acquiring an additional 23,684 shares during the last quarter. CPA Asset Management Group LLC grew its holdings in shares of 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 purchasing an additional 34,717 shares in the last quarter. Bedel Financial Consulting Inc. grew its holdings in shares of American Century Focused Large Cap Value ETF by 7.9% during the second quarter. Bedel Financial Consulting Inc. now owns 95,018 shares of the company’s stock worth $7,725,000 after purchasing an additional 6,919 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of American Century Focused Large Cap Value ETF in the third quarter worth approximately $5,540,000. Finally, Citadel Advisors LLC increased its position in shares of American Century Focused Large Cap Value ETF by 931.9% in the second quarter. Citadel Advisors LLC now owns 51,645 shares of the company’s stock worth $4,199,000 after purchasing an additional 46,640 shares during the last quarter.

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.