MML Investors Services LLC Buys 1,752 Shares of American Century Quality Convertible Securities ETF (BATS:QCON)

MML Investors Services LLC raised its stake in shares of American Century Quality Convertible Securities ETF (BATS:QCON) by 27.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,202 shares of the company’s stock after purchasing an additional 1,752 shares during the quarter. MML Investors Services LLC’s holdings in American Century Quality Convertible Securities ETF were worth $368,000 at the end of the most recent reporting period.

Separately, Envestnet Asset Management Inc. increased its position in American Century Quality Convertible Securities ETF by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 500,386 shares of the company’s stock valued at $21,281,000 after buying an additional 18,005 shares in the last quarter.

American Century Quality Convertible Securities ETF Price Performance

QCON opened at $46.01 on Wednesday. The firm’s fifty day moving average is $46.29 and its 200 day moving average is $44.32. The stock has a market capitalization of $45.09 million, a PE ratio of 26.61 and a beta of 0.51.

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.