American Century Focused Dynamic Growth ETF (BATS:FDG) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

American Century Focused Dynamic Growth ETF (BATS:FDG)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $91.79 and traded as high as $108.00. American Century Focused Dynamic Growth ETF shares last traded at $107.27, with a volume of 9,900 shares trading hands.

American Century Focused Dynamic Growth ETF Stock Up 2.2 %

The firm has a market capitalization of $272.79 million, a P/E ratio of 45.26 and a beta of 1.36. The company’s 50 day moving average is $99.17 and its 200-day moving average is $92.07.

Institutional Investors Weigh In On American Century Focused Dynamic Growth ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Slagle Financial LLC grew its position in American Century Focused Dynamic Growth ETF by 12.4% in the 2nd quarter. Slagle Financial LLC now owns 65,041 shares of the company’s stock valued at $5,848,000 after purchasing an additional 7,197 shares during the period. Joseph P. Lucia & Associates LLC lifted its stake in shares of American Century Focused Dynamic Growth ETF by 41.1% in the second quarter. Joseph P. Lucia & Associates LLC now owns 3,994 shares of the company’s stock valued at $359,000 after buying an additional 1,163 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of American Century Focused Dynamic Growth ETF by 20.9% during the second quarter. Bank of New York Mellon Corp now owns 122,146 shares of the company’s stock valued at $10,982,000 after buying an additional 21,098 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of American Century Focused Dynamic Growth ETF by 9.1% during the second quarter. Envestnet Asset Management Inc. now owns 641,504 shares of the company’s stock worth $57,678,000 after acquiring an additional 53,616 shares in the last quarter. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of American Century Focused Dynamic Growth ETF in the 2nd quarter worth about $721,000.

About American Century Focused Dynamic Growth ETF

The American Century Focused Dynamic Growth ETF (FDG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively-managed, non-transparent ETF that invests in a narrow selection of mid- and large-cap growth companies in the US. The fund utilizes the Precidian non-transparent model.