NewEdge Wealth LLC Invests $246,000 in American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO)

NewEdge Wealth LLC acquired a new position in shares of American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,230 shares of the company’s stock, valued at approximately $246,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Equitable Holdings Inc. increased its position in American Century STOXX U.S. Quality Growth ETF by 39.6% in the 1st quarter. Equitable Holdings Inc. now owns 17,137 shares of the company’s stock valued at $1,165,000 after acquiring an additional 4,863 shares during the period. UBS Group AG increased its position in American Century STOXX U.S. Quality Growth ETF by 172.0% in the 1st quarter. UBS Group AG now owns 26,029 shares of the company’s stock valued at $1,770,000 after acquiring an additional 16,460 shares during the period. IHT Wealth Management LLC increased its position in American Century STOXX U.S. Quality Growth ETF by 2.3% in the 1st quarter. IHT Wealth Management LLC now owns 7,765 shares of the company’s stock valued at $528,000 after acquiring an additional 178 shares during the period. Goldman Sachs Group Inc. acquired a new position in American Century STOXX U.S. Quality Growth ETF in the 1st quarter valued at approximately $917,000. Finally, Royal Bank of Canada increased its position in American Century STOXX U.S. Quality Growth ETF by 393.1% in the 3rd quarter. Royal Bank of Canada now owns 19,806 shares of the company’s stock valued at $1,089,000 after acquiring an additional 15,789 shares during the period.

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

Shares of NYSEARCA QGRO opened at $79.67 on Friday. American Century STOXX U.S. Quality Growth ETF has a 52-week low of $62.34 and a 52-week high of $86.00. The firm has a 50 day moving average price of $82.85 and a two-hundred day moving average price of $76.22. The stock has a market cap of $858.84 million, a P/E ratio of 33.32 and a beta of 1.10.

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.