Northwestern Mutual Wealth Management Co. Buys 525,662 Shares of American Century U.S. Quality Growth ETF $QGRO

Northwestern Mutual Wealth Management Co. raised its stake in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 202.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 785,693 shares of the company’s stock after acquiring an additional 525,662 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in American Century U.S. Quality Growth ETF were worth $89,978,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. AE Wealth Management LLC boosted its stake in shares of American Century U.S. Quality Growth ETF by 53.1% in the 4th quarter. AE Wealth Management LLC now owns 42,932 shares of the company’s stock worth $4,917,000 after buying an additional 14,897 shares during the last quarter. Larson Financial Group LLC increased its position in shares of American Century U.S. Quality Growth ETF by 34.5% during the third quarter. Larson Financial Group LLC now owns 694,924 shares of the company’s stock valued at $79,499,000 after acquiring an additional 178,296 shares during the last quarter. Private Advisor Group LLC increased its position in shares of American Century U.S. Quality Growth ETF by 8.8% during the third quarter. Private Advisor Group LLC now owns 269,802 shares of the company’s stock valued at $30,865,000 after acquiring an additional 21,861 shares during the last quarter. Weil Company Inc. lifted its holdings in American Century U.S. Quality Growth ETF by 11.4% during the third quarter. Weil Company Inc. now owns 45,556 shares of the company’s stock worth $5,212,000 after acquiring an additional 4,651 shares during the period. Finally, Next Level Private LLC lifted its holdings in American Century U.S. Quality Growth ETF by 65.7% during the fourth quarter. Next Level Private LLC now owns 297,464 shares of the company’s stock worth $34,066,000 after acquiring an additional 117,925 shares during the period.

American Century U.S. Quality Growth ETF Price Performance

NYSEARCA QGRO opened at $116.50 on Friday. The business’s fifty day moving average is $110.93 and its 200-day moving average is $112.09. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 32.09 and a beta of 1.10. American Century U.S. Quality Growth ETF has a one year low of $101.04 and a one year high of $117.81.

American Century U.S. Quality Growth ETF 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.