Envestnet Asset Management Inc. Sells 4,210 Shares of American Century Quality Convertible Securities ETF (BATS:QCON)

Envestnet Asset Management Inc. trimmed its stake in shares of American Century Quality Convertible Securities ETF (BATS:QCON) by 0.9% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 487,845 shares of the company’s stock after selling 4,210 shares during the quarter. Envestnet Asset Management Inc. owned about 46.91% of American Century Quality Convertible Securities ETF worth $21,775,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC acquired a new position in shares of American Century Quality Convertible Securities ETF during the 4th quarter worth $222,000. OneDigital Investment Advisors LLC acquired a new position in shares of American Century Quality Convertible Securities ETF during the 1st quarter worth $231,000. Cambridge Investment Research Advisors Inc. raised its holdings in shares of American Century Quality Convertible Securities ETF by 31.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,462 shares of the company’s stock worth $735,000 after buying an additional 3,962 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of American Century Quality Convertible Securities ETF by 474.4% during the 4th quarter. Jane Street Group LLC now owns 69,423 shares of the company’s stock worth $3,161,000 after buying an additional 57,336 shares in the last quarter.

American Century Quality Convertible Securities ETF Stock Up 4.2%

Shares of QCON opened at $47.74 on Wednesday. The business has a 50-day simple moving average of $46.75 and a two-hundred day simple moving average of $45.81. American Century Quality Convertible Securities ETF has a 12-month low of $41.75 and a 12-month high of $47.98. The stock has a market cap of $49.65 million, a PE ratio of 28.56 and a beta of 0.59.

American Century Quality Convertible Securities ETF Company Profile

The American Century Quality Convertible Securities ETF (QCON) is an exchange-traded fund that is based on the ICE BofA Convertible index. The fund is actively managed to provide an investment portfolio of US convertible securities, of any credit quality, using a proprietary screening method. QCON was launched on Feb 16, 2021 and is managed by American Century Investments.