Envestnet Asset Management Inc. Sells 762,749 Shares of FCF US Quality ETF (BATS:TTAC)

Envestnet Asset Management Inc. cut its holdings in shares of FCF US Quality ETF (BATS:TTAC) by 93.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,278 shares of the company’s stock after selling 762,749 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.55% of FCF US Quality ETF worth $3,533,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its holdings in shares of FCF US Quality ETF by 92.3% in the 4th quarter. JPMorgan Chase & Co. now owns 6,342,563 shares of the company’s stock valued at $421,567,000 after purchasing an additional 3,045,017 shares during the period. OLD Mission Capital LLC raised its holdings in shares of FCF US Quality ETF by 125.1% in the 4th quarter. OLD Mission Capital LLC now owns 14,735 shares of the company’s stock valued at $979,000 after purchasing an additional 8,190 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of FCF US Quality ETF in the 1st quarter valued at about $38,000. CENTRAL TRUST Co bought a new stake in shares of FCF US Quality ETF in the 1st quarter valued at about $30,000. Finally, DecisionMap Wealth Management LLC raised its holdings in shares of FCF US Quality ETF by 7.5% in the 1st quarter. DecisionMap Wealth Management LLC now owns 62,360 shares of the company’s stock valued at $3,985,000 after purchasing an additional 4,366 shares during the period.

FCF US Quality ETF Stock Up 0.5%

FCF US Quality ETF stock opened at $71.17 on Friday. The stock has a market cap of $725.97 million, a P/E ratio of 31.79 and a beta of 0.92. FCF US Quality ETF has a twelve month low of $57.31 and a twelve month high of $70.87. The company’s 50-day moving average price is $69.63 and its two-hundred day moving average price is $67.21.

About FCF US Quality ETF

The FCF US Quality ETF (TTAC) is an exchange-traded fund that is based on the Russell 3000 index. The fund aims to outperform a broad US equity index. The actively-managed fund selects stocks based on strong free cash flow and ESG rankings. TTAC was launched on Sep 28, 2016 and is managed by FCF Advisors.