Avantax Advisory Services Inc. Reduces Stock Holdings in American Century STOXX US Quality Value ETF (NYSEARCA:VALQ)

Avantax Advisory Services Inc. cut its position in shares of American Century STOXX US Quality Value ETF (NYSEARCA:VALQ) by 15.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,095 shares of the company’s stock after selling 903 shares during the quarter. Avantax Advisory Services Inc.’s holdings in American Century STOXX US Quality Value ETF were worth $311,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of VALQ. D.A. Davidson & CO. purchased a new position in shares of American Century STOXX US Quality Value ETF during the 4th quarter worth $273,000. HighTower Advisors LLC purchased a new stake in American Century STOXX US Quality Value ETF in the 3rd quarter valued at about $568,000. Sunpointe LLC acquired a new position in American Century STOXX US Quality Value ETF in the fourth quarter valued at about $804,000. Ameritas Advisory Services LLC purchased a new position in American Century STOXX US Quality Value ETF during the fourth quarter worth about $1,450,000. Finally, Private Advisor Group LLC boosted its stake in American Century STOXX US Quality Value ETF by 7.2% during the fourth quarter. Private Advisor Group LLC now owns 526,177 shares of the company’s stock worth $32,093,000 after buying an additional 35,120 shares during the period.

American Century STOXX US Quality Value ETF Price Performance

Shares of VALQ opened at $60.98 on Wednesday. The firm has a 50-day simple moving average of $62.64 and a two-hundred day simple moving average of $62.28. The stock has a market cap of $239.65 million, a PE ratio of 20.60 and a beta of 0.96. American Century STOXX US Quality Value ETF has a 1-year low of $52.93 and a 1-year high of $64.72.

American Century STOXX US Quality Value ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.2425 dividend. The ex-dividend date of this dividend is Tuesday, March 25th.

American Century STOXX US Quality Value ETF Profile

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.