GMO U.S. Quality ETF $QLTY is Prodigy Asset Management LLC’s 2nd Largest Position

Prodigy Asset Management LLC raised its holdings in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) by 28.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,234,416 shares of the company’s stock after acquiring an additional 273,297 shares during the period. GMO U.S. Quality ETF makes up about 15.5% of Prodigy Asset Management LLC’s portfolio, making the stock its 2nd biggest position. Prodigy Asset Management LLC owned about 1.09% of GMO U.S. Quality ETF worth $51,376,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in QLTY. Royal Bank of Canada increased its stake in shares of GMO U.S. Quality ETF by 174.5% in the first quarter. Royal Bank of Canada now owns 1,268 shares of the company’s stock worth $45,000 after acquiring an additional 806 shares during the period. Sunbelt Securities Inc. lifted its position in GMO U.S. Quality ETF by 3.8% during the first quarter. Sunbelt Securities Inc. now owns 6,765 shares of the company’s stock valued at $245,000 after purchasing an additional 250 shares during the period. Glenmede Trust Co. NA acquired a new position in GMO U.S. Quality ETF during the first quarter valued at $485,000. Kestra Advisory Services LLC lifted its position in GMO U.S. Quality ETF by 77.5% during the first quarter. Kestra Advisory Services LLC now owns 14,908 shares of the company’s stock valued at $539,000 after purchasing an additional 6,510 shares during the period. Finally, Quantinno Capital Management LP purchased a new stake in GMO U.S. Quality ETF in the first quarter valued at $583,000. 85.37% of the stock is owned by hedge funds and other institutional investors.

GMO U.S. Quality ETF Stock Performance

Shares of QLTY opened at $42.86 on Friday. The business’s 50-day moving average is $41.41 and its two-hundred day moving average is $39.68. The company has a market capitalization of $4.98 billion, a P/E ratio of 59.53 and a beta of 0.96. GMO U.S. Quality ETF has a fifty-two week low of $33.85 and a fifty-two week high of $43.12.

About GMO U.S. Quality ETF

The GMO U.S. Quality ETF (QLTY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that focuses on equities of high-quality US companies. The funds investments may include companies of any market capitalization. QLTY was launched on Nov 13, 2023 and is issued by GMO.