American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Short Interest Up 122.7% in May

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 22,366 shares, a growth of 122.7% from the May 14th total of 10,041 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average trading volume of 8,726 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On American Century Focused Large Cap Value ETF

Several institutional investors have recently bought and sold shares of FLV. NewEdge Advisors LLC purchased a new position in American Century Focused Large Cap Value ETF during the second quarter valued at $3,483,000. Bank of America Corp DE grew its stake in American Century Focused Large Cap Value ETF by 108.5% during the second quarter. Bank of America Corp DE now owns 70,913 shares of the company’s stock valued at $4,949,000 after acquiring an additional 36,900 shares in the last quarter. Bedel Financial Consulting Inc. grew its stake in American Century Focused Large Cap Value ETF by 9.1% during the third quarter. Bedel Financial Consulting Inc. now owns 79,450 shares of the company’s stock valued at $5,860,000 after acquiring an additional 6,660 shares in the last quarter. Raymond James Financial Inc. grew its stake in American Century Focused Large Cap Value ETF by 1,528.0% during the third quarter. Raymond James Financial Inc. now owns 3,142 shares of the company’s stock valued at $232,000 after acquiring an additional 2,949 shares in the last quarter. Finally, Midwestern Financial LLC IA grew its stake in American Century Focused Large Cap Value ETF by 8.8% during the third quarter. Midwestern Financial LLC IA now owns 110,506 shares of the company’s stock valued at $8,150,000 after acquiring an additional 8,908 shares in the last quarter.

American Century Focused Large Cap Value ETF Stock Performance

FLV opened at $81.46 on Friday. The stock has a market capitalization of $350.28 million, a price-to-earnings ratio of 19.58 and a beta of 0.62. The company has a fifty day moving average of $79.52 and a 200 day moving average of $78.42. American Century Focused Large Cap Value ETF has a fifty-two week low of $68.67 and a fifty-two week high of $82.41.

American Century Focused Large Cap Value ETF Company Profile

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.