Nwam LLC Takes $17.86 Million Position in American Century U.S. Quality Growth ETF $QGRO

Nwam LLC purchased a new position in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 151,263 shares of the company’s stock, valued at approximately $17,857,000. American Century U.S. Quality Growth ETF makes up 0.9% of Nwam LLC’s investment portfolio, making the stock its 21st biggest position. Nwam LLC owned approximately 0.88% of American Century U.S. Quality Growth ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QGRO. SHP Wealth Management purchased a new stake in shares of American Century U.S. Quality Growth ETF during the fourth quarter worth $28,000. Advantage Trust Co acquired a new position in American Century U.S. Quality Growth ETF during the second quarter worth about $34,000. Greenline Wealth Management LLC purchased a new stake in American Century U.S. Quality Growth ETF during the 4th quarter valued at about $37,000. Kingdom Financial Group LLC. purchased a new stake in American Century U.S. Quality Growth ETF during the 4th quarter valued at about $40,000. Finally, Farther Finance Advisors LLC raised its holdings in American Century U.S. Quality Growth ETF by 260.2% in the 4th quarter. Farther Finance Advisors LLC now owns 425 shares of the company’s stock valued at $49,000 after acquiring an additional 307 shares during the last quarter.

American Century U.S. Quality Growth ETF Price Performance

QGRO opened at $118.43 on Tuesday. The firm has a market capitalization of $2.03 billion, a price-to-earnings ratio of 32.09 and a beta of 1.09. The company’s 50 day simple moving average is $116.80 and its two-hundred day simple moving average is $113.28. American Century U.S. Quality Growth ETF has a 1-year low of $101.04 and a 1-year high of $121.01.

About American Century 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.