American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) Stock Price Down 2.9% – Here’s Why

American Century Focused Dynamic Growth ETF (NYSEARCA:FDG) dropped 2.9% on Tuesday . The stock traded as low as $130.60 and last traded at $130.78. Approximately 18,020 shares traded hands during mid-day trading, a decline of 3% from the average daily volume of 18,536 shares. The stock had previously closed at $134.64.

American Century Focused Dynamic Growth ETF Stock Performance

The business has a 50 day moving average of $130.95 and a 200-day moving average of $127.25. The company has a market capitalization of $413.26 million, a P/E ratio of 34.07 and a beta of 1.29.

Institutional Investors Weigh In On American Century Focused Dynamic Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. NBC Securities Inc. boosted its position in shares of American Century Focused Dynamic Growth ETF by 102.5% in the fourth quarter. NBC Securities Inc. now owns 802 shares of the company’s stock valued at $102,000 after acquiring an additional 406 shares during the period. Advisortrust Partners LLC bought a new stake in American Century Focused Dynamic Growth ETF during the 1st quarter worth approximately $135,000. Lloyd Advisory Services LLC. bought a new stake in American Century Focused Dynamic Growth ETF during the 4th quarter worth approximately $167,000. High Falls Advisors Inc bought a new stake in American Century Focused Dynamic Growth ETF during the 2nd quarter worth approximately $302,000. Finally, Realta Investment Advisors lifted its stake in American Century Focused Dynamic Growth ETF by 33.0% in the 1st quarter. Realta Investment Advisors now owns 2,738 shares of the company’s stock worth $312,000 after purchasing an additional 679 shares in the last quarter.

American Century Focused Dynamic Growth ETF Company Profile

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model. FDG was launched on Mar 31, 2020 and is issued by American Century Investments.