Envestnet Asset Management Inc. Has $52.78 Million Stake in American Century U.S. Quality Value ETF $VALQ

Envestnet Asset Management Inc. boosted its stake in American Century U.S. Quality Value ETF (NYSEARCA:VALQ) by 4.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 818,764 shares of the company’s stock after acquiring an additional 33,700 shares during the quarter. Envestnet Asset Management Inc. owned 19.97% of American Century U.S. Quality Value ETF worth $52,780,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers raised its stake in shares of American Century U.S. Quality Value ETF by 107.8% in the 2nd quarter. Cetera Investment Advisers now owns 13,735 shares of the company’s stock valued at $852,000 after purchasing an additional 7,126 shares during the period. Stratos Wealth Advisors LLC boosted its position in shares of American Century U.S. Quality Value ETF by 3.8% during the second quarter. Stratos Wealth Advisors LLC now owns 149,258 shares of the company’s stock worth $9,261,000 after buying an additional 5,438 shares during the period. Raymond James Financial Inc. bought a new position in shares of American Century U.S. Quality Value ETF during the second quarter worth about $132,000. Royal Bank of Canada raised its position in American Century U.S. Quality Value ETF by 50.8% in the 1st quarter. Royal Bank of Canada now owns 5,410 shares of the company’s stock valued at $329,000 after buying an additional 1,823 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in American Century U.S. Quality Value ETF by 22.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 6,381 shares of the company’s stock valued at $396,000 after acquiring an additional 1,157 shares in the last quarter.

American Century U.S. Quality Value ETF Stock Down 0.2%

NYSEARCA:VALQ opened at $69.74 on Tuesday. The company has a market cap of $310.34 million, a P/E ratio of 17.16 and a beta of 0.89. American Century U.S. Quality Value ETF has a twelve month low of $53.44 and a twelve month high of $69.85. The business has a 50 day moving average price of $67.47 and a two-hundred day moving average price of $65.13.

About American Century U.S. Quality Value ETF

The American Century STOXX U.S. Quality Value ETF (VALQ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US companies that are selected and weighted based on value and income characteristics. VALQ was launched on Jan 11, 2018 and is managed by American Century Investments.