Independent Advisor Alliance Makes New Investment in American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO)

Independent Advisor Alliance purchased a new position in American Century STOXX U.S. Quality Growth ETF (NYSEARCA:QGRO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 277,267 shares of the company’s stock, valued at approximately $27,644,000.

Several other institutional investors have also modified their holdings of the business. Mainstay Capital Management LLC ADV grew its stake in shares of American Century STOXX U.S. Quality Growth ETF by 375.0% during the fourth quarter. Mainstay Capital Management LLC ADV now owns 1,168,742 shares of the company’s stock worth $116,524,000 after purchasing an additional 922,695 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the fourth quarter valued at $41,624,000. MFA Wealth Services purchased a new stake in American Century STOXX U.S. Quality Growth ETF in the fourth quarter valued at $7,571,000. Larson Financial Group LLC lifted its position in American Century STOXX U.S. Quality Growth ETF by 105.2% in the fourth quarter. Larson Financial Group LLC now owns 102,862 shares of the company’s stock valued at $10,255,000 after acquiring an additional 52,741 shares during the last quarter. Finally, Private Advisor Group LLC lifted its position in American Century STOXX U.S. Quality Growth ETF by 35.7% in the fourth quarter. Private Advisor Group LLC now owns 182,221 shares of the company’s stock valued at $18,167,000 after acquiring an additional 47,966 shares during the last quarter.

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

Shares of QGRO opened at $96.13 on Monday. The firm has a fifty day moving average price of $103.69 and a 200 day moving average price of $98.27. American Century STOXX U.S. Quality Growth ETF has a 1-year low of $78.11 and a 1-year high of $109.93. The stock has a market cap of $1.17 billion, a PE ratio of 32.53 and a beta of 1.08.

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.