American Century Large Cap Equity ETF (NYSEARCA:ACLC) Sees Significant Decrease in Short Interest

American Century Large Cap Equity ETF (NYSEARCA:ACLC) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 2,471 shares, a decline of 73.1% from the August 15th total of 9,200 shares. Based on an average trading volume of 7,835 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

American Century Large Cap Equity ETF Stock Up 0.9%

NYSEARCA ACLC traded up $0.75 on Friday, hitting $85.41. 4,334 shares of the stock were exchanged, compared to its average volume of 14,475. American Century Large Cap Equity ETF has a fifty-two week low of $71.41 and a fifty-two week high of $88.05. The company has a 50-day moving average price of $85.41 and a 200-day moving average price of $81.97. The company has a market cap of $316.02 million, a PE ratio of 25.61 and a beta of 1.03.

Hedge Funds Weigh In On American Century Large Cap Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of ACLC. Focus Partners Wealth raised its stake in American Century Large Cap Equity ETF by 2.6% in the third quarter. Focus Partners Wealth now owns 300,608 shares of the company’s stock valued at $23,214,000 after buying an additional 7,657 shares in the last quarter. Midwest Trust Co boosted its position in shares of American Century Large Cap Equity ETF by 21.4% during the 1st quarter. Midwest Trust Co now owns 26,458 shares of the company’s stock worth $1,950,000 after acquiring an additional 4,670 shares in the last quarter. MML Investors Services LLC acquired a new position in shares of American Century Large Cap Equity ETF during the 2nd quarter worth about $562,000. Fifth Third Bancorp purchased a new position in shares of American Century Large Cap Equity ETF in the 1st quarter valued at about $515,000. Finally, LPL Financial LLC increased its holdings in shares of American Century Large Cap Equity ETF by 28.2% in the 4th quarter. LPL Financial LLC now owns 6,788 shares of the company’s stock valued at $532,000 after acquiring an additional 1,495 shares during the last quarter.

American Century Large Cap Equity ETF Company Profile

The American Century Large Cap Equity ETF (ACLC) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed, non-transparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics. The fund utilizes the Natixis/NYSE non-transparent model. ACLC was launched on Jul 13, 2020 and is issued by American Century Investments.