CPA Asset Management Group LLC Increases Position in American Century Focused Large Cap Value ETF $FLV

CPA Asset Management Group LLC increased its stake in shares of American Century Focused Large Cap Value ETF (NYSEARCA:FLV) by 32.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 92,566 shares of the company’s stock after buying an additional 22,826 shares during the quarter. American Century Focused Large Cap Value ETF comprises about 2.5% of CPA Asset Management Group LLC’s holdings, making the stock its 13th largest position. CPA Asset Management Group LLC owned approximately 2.48% of American Century Focused Large Cap Value ETF worth $7,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. lifted its position in American Century Focused Large Cap Value ETF by 0.8% during the 2nd quarter. American Century Companies Inc. now owns 1,011,189 shares of the company’s stock worth $70,568,000 after acquiring an additional 7,663 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of American Century Focused Large Cap Value ETF by 13.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 12,051 shares of the company’s stock valued at $841,000 after purchasing an additional 1,448 shares during the period. NewEdge Advisors LLC acquired a new position in shares of American Century Focused Large Cap Value ETF in the second quarter valued at approximately $3,483,000. Bank of America Corp DE raised its stake in shares of American Century Focused Large Cap Value ETF by 108.5% during the second quarter. Bank of America Corp DE now owns 70,913 shares of the company’s stock worth $4,949,000 after purchasing an additional 36,900 shares during the last quarter. Finally, Midwestern Financial LLC IA purchased a new stake in shares of American Century Focused Large Cap Value ETF during the second quarter worth approximately $7,090,000.

American Century Focused Large Cap Value ETF Price Performance

Shares of NYSEARCA FLV opened at $76.86 on Friday. The stock has a fifty day moving average price of $79.24 and a 200 day moving average price of $76.22. American Century Focused Large Cap Value ETF has a 1-year low of $61.45 and a 1-year high of $82.41. The company has a market cap of $298.22 million, a PE ratio of 19.58 and a beta of 0.70.

About American Century Focused Large Cap Value ETF

The American Century Focused Large Cap Value ETF (FLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model. FLV was launched on Mar 31, 2020 and is issued by American Century Investments.