Mon Sep 23 15:08:34 UTC 2024: ## American Century STOXX U.S. Quality Growth ETF Hits New 52-Week High
**New York, NY (September 23, 2024)** – Shares of the American Century STOXX U.S. Quality Growth ETF (NYSEARCA: QGRO) reached a new 52-week high on Monday, closing at $90.57 after trading as high as $90.57. This marks a significant milestone for the ETF, which focuses on investing in large and mid-cap US stocks with strong growth and quality characteristics.
The ETF’s strong performance has attracted the attention of institutional investors, with several firms increasing or establishing new positions in QGRO during the recent quarters. Notable investors include Glassman Wealth Services, Financial Gravity Asset Management Inc., Larson Financial Group LLC, Alta Wealth Advisors LLC, and Strategic Equity Management.
QGRO, launched in September 2018, is managed by American Century Investments and tracks an index of U.S. equities, aiming to provide investors with exposure to the growth and quality segments of the U.S. market.
The ETF boasts a market capitalization of $987.02 million, a P/E ratio of 33.83, and a beta of 1.14. Its 50-day simple moving average sits at $86.34, while the 200-day simple moving average stands at $84.72.
Analysts are closely watching the ETF’s continued performance and potential future prospects, particularly as it navigates the current market landscape.
First Piper 