American Century Focused Large Cap Value ETF (NYSEARCA:FLV) Stock Short Interest Climbs 77.7%

American Century Focused Large Cap Value ETF (NYSEARCA:FLV) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 4,246 shares, a growth of 77.7% from the September 15th total of 2,390 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 9,885 shares, the short-interest ratio is currently 0.4 days.

American Century Focused Large Cap Value ETF Stock Up 1.2%

NYSEARCA FLV traded up $0.97 on Thursday, reaching $85.59. The company had a trading volume of 2,480 shares, compared to its average volume of 11,568. The company’s fifty day moving average is $85.55 and its 200 day moving average is $82.52. The stock has a market capitalization of $384.32 million, a P/E ratio of 19.58 and a beta of 0.61. American Century Focused Large Cap Value ETF has a 52-week low of $72.39 and a 52-week high of $88.25.

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

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Koenig Investment Advisory LLC raised its stake in shares of American Century Focused Large Cap Value ETF by 10.3% in the third quarter. Koenig Investment Advisory LLC now owns 253,474 shares of the company’s stock valued at $20,881,000 after buying an additional 23,684 shares during the period. CPA Asset Management Group LLC lifted its position in shares of American Century Focused Large Cap Value ETF by 37.5% during the first quarter. CPA Asset Management Group LLC now owns 127,283 shares of the company’s stock worth $9,761,000 after acquiring an additional 34,717 shares in the last quarter. Networth Advisors LLC boosted its holdings in shares of American Century Focused Large Cap Value ETF by 3.4% in the first quarter. Networth Advisors LLC now owns 100,255 shares of the company’s stock worth $7,688,000 after acquiring an additional 3,312 shares during the period. Bedel Financial Consulting Inc. boosted its holdings in shares of American Century Focused Large Cap Value ETF by 7.9% in the second quarter. Bedel Financial Consulting Inc. now owns 95,018 shares of the company’s stock worth $7,725,000 after acquiring an additional 6,919 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of American Century Focused Large Cap Value ETF by 931.9% in the second quarter. Citadel Advisors LLC now owns 51,645 shares of the company’s stock worth $4,199,000 after acquiring an additional 46,640 shares during the period.

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.