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

Envestnet Asset Management Inc. reduced its stake in shares of American Century Quality Convertible Securities ETF (BATS:QCON) by 0.9% during the 1st quarter, HoldingsChannel reports. The fund owned 487,845 shares of the company’s stock after selling 4,210 shares during the period. Envestnet Asset Management Inc. owned 0.47% of American Century Quality Convertible Securities ETF worth $21,775,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. LPL Financial LLC purchased a new position in shares of American Century Quality Convertible Securities ETF during the fourth quarter valued at approximately $222,000. OneDigital Investment Advisors LLC purchased a new position in shares of American Century Quality Convertible Securities ETF during the first quarter valued at approximately $231,000. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of American Century Quality Convertible Securities ETF by 31.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 16,462 shares of the company’s stock valued at $735,000 after purchasing an additional 3,962 shares during the period. Finally, Jane Street Group LLC boosted its holdings in shares of American Century Quality Convertible Securities ETF by 474.4% in the fourth quarter. Jane Street Group LLC now owns 69,423 shares of the company’s stock valued at $3,161,000 after purchasing an additional 57,336 shares during the period.

American Century Quality Convertible Securities ETF Stock Performance

Shares of BATS QCON opened at $47.74 on Wednesday. The firm has a market capitalization of $49.65 million, a price-to-earnings ratio of 28.56 and a beta of 0.59. The stock has a 50 day moving average price of $46.75 and a 200 day moving average price of $45.81. American Century Quality Convertible Securities ETF has a 52-week low of $41.75 and a 52-week high of $47.98.

About American Century Quality Convertible Securities ETF

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.