Envestnet Asset Management Inc. Sells 11,130 Shares of American Century U.S. Quality Growth ETF $QGRO

Envestnet Asset Management Inc. lowered its stake in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 1.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 587,960 shares of the company’s stock after selling 11,130 shares during the quarter. Envestnet Asset Management Inc.’s holdings in American Century U.S. Quality Growth ETF were worth $64,158,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Assetmark Inc. bought a new position in American Century U.S. Quality Growth ETF during the first quarter worth about $26,000. Advantage Trust Co bought a new position in shares of American Century U.S. Quality Growth ETF during the 2nd quarter valued at about $31,000. US Bancorp DE bought a new position in shares of American Century U.S. Quality Growth ETF during the 1st quarter valued at about $34,000. Nemes Rush Group LLC bought a new position in shares of American Century U.S. Quality Growth ETF during the 1st quarter valued at about $59,000. Finally, Park Place Capital Corp acquired a new stake in American Century U.S. Quality Growth ETF during the 2nd quarter worth approximately $73,000.

American Century U.S. Quality Growth ETF Stock Performance

Shares of QGRO stock opened at $114.55 on Friday. The company has a market capitalization of $2.11 billion, a P/E ratio of 32.09 and a beta of 1.10. The company’s 50 day moving average price is $113.48 and its two-hundred day moving average price is $107.76. American Century U.S. Quality Growth ETF has a 52 week low of $80.25 and a 52 week high of $117.17.

American Century U.S. Quality Growth ETF Company Profile

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.