American Century Quality Diversified International ETF (NYSEARCA:QINT) Sees Large Volume Increase – Still a Buy?

Shares of American Century Quality Diversified International ETF (NYSEARCA:QINT) saw strong trading volume on Thursday. Approximately 33,501 shares were traded during mid-day trading, a decline of 31% from the previous session’s volume of 48,906 shares. The stock last traded at $68.93 and had previously closed at $69.78.

American Century Quality Diversified International ETF Stock Down 1.6%

The firm has a market capitalization of $758.90 million, a price-to-earnings ratio of 15.03 and a beta of 0.80. The firm’s 50 day moving average is $71.13 and its 200 day moving average is $70.24.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Arlington Financial Advisors LLC acquired a new stake in shares of American Century Quality Diversified International ETF during the third quarter worth $48,986,000. Envestnet Asset Management Inc. boosted its position in shares of American Century Quality Diversified International ETF by 7.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,652,860 shares of the company’s stock valued at $114,757,000 after purchasing an additional 109,636 shares during the period. IFP Advisors Inc boosted its position in shares of American Century Quality Diversified International ETF by 4.6% in the 2nd quarter. IFP Advisors Inc now owns 30,043 shares of the company’s stock valued at $2,086,000 after purchasing an additional 1,310 shares during the period. Citadel Advisors LLC boosted its position in shares of American Century Quality Diversified International ETF by 43.7% in the 2nd quarter. Citadel Advisors LLC now owns 243,067 shares of the company’s stock valued at $16,876,000 after purchasing an additional 73,875 shares during the period. Finally, Ameritas Advisory Services LLC increased its stake in American Century Quality Diversified International ETF by 558.5% in the 2nd quarter. Ameritas Advisory Services LLC now owns 109,821 shares of the company’s stock worth $7,625,000 after purchasing an additional 93,144 shares in the last quarter.

About American Century Quality Diversified International ETF

The American Century Quality Diversified International ETF (QINT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap global stocks, selected and weighted by value and growth factors. It excludes US firms and lower quality stocks. QINT was launched on Sep 10, 2018 and is managed by American Century Investments.