American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) Hits New 52-Week High – Still a Buy?

Shares of American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) hit a new 52-week high during trading on Thursday . The company traded as high as $92.68 and last traded at $92.41, with a volume of 6761 shares trading hands. The stock had previously closed at $92.62.

American Century STOXX U.S. Quality Growth ETF Price Performance

The business has a 50-day simple moving average of $88.13 and a two-hundred day simple moving average of $85.49. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 33.83 and a beta of 1.14.

Hedge Funds Weigh In On American Century STOXX U.S. Quality Growth ETF

Large investors have recently made changes to their positions in the company. Glassman Wealth Services acquired a new stake in shares of American Century STOXX U.S. Quality Growth ETF during the first quarter worth $55,000. Financial Gravity Asset Management Inc. acquired a new stake in American Century STOXX U.S. Quality Growth ETF in the 2nd quarter worth about $105,000. Larson Financial Group LLC bought a new stake in American Century STOXX U.S. Quality Growth ETF in the 2nd quarter valued at about $151,000. Alta Wealth Advisors LLC acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF during the 1st quarter worth approximately $231,000. Finally, Strategic Equity Management increased its holdings in shares of American Century STOXX U.S. Quality Growth ETF by 8.2% during the second quarter. Strategic Equity Management now owns 2,809 shares of the company’s stock worth $241,000 after purchasing an additional 213 shares during the period.

About American Century STOXX U.S. Quality Growth ETF

The American Century U.S. Quality Growth ETF (QGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks. Holdings are selected and weighted by growth and quality factors. QGRO was launched on Sep 10, 2018 and is managed by American Century Investments.