GMO U.S. Quality ETF (NYSEARCA:QLTY – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $40.53 and last traded at $40.46, with a volume of 368051 shares trading hands. The stock had previously closed at $39.94.
GMO U.S. Quality ETF Trading Up 0.4%
The company’s 50 day moving average price is $38.01 and its two-hundred day moving average price is $38.26. The stock has a market cap of $4.20 billion, a P/E ratio of 56.14 and a beta of 0.99.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Madison Asset Management LLC grew its stake in shares of GMO U.S. Quality ETF by 1.3% during the 1st quarter. Madison Asset Management LLC now owns 185,944 shares of the company’s stock valued at $6,727,000 after acquiring an additional 2,397 shares during the period. Parallel Advisors LLC lifted its holdings in GMO U.S. Quality ETF by 7.6% during the first quarter. Parallel Advisors LLC now owns 28,819 shares of the company’s stock valued at $1,043,000 after purchasing an additional 2,044 shares in the last quarter. Kestra Advisory Services LLC boosted its position in shares of GMO U.S. Quality ETF by 77.5% in the first quarter. Kestra Advisory Services LLC now owns 14,908 shares of the company’s stock worth $539,000 after purchasing an additional 6,510 shares during the period. Nicholas Hoffman & Company LLC. purchased a new stake in shares of GMO U.S. Quality ETF in the first quarter worth $1,169,000. Finally, HB Wealth Management LLC increased its stake in shares of GMO U.S. Quality ETF by 1,078.9% in the first quarter. HB Wealth Management LLC now owns 5,905,175 shares of the company’s stock worth $213,642,000 after purchasing an additional 5,404,269 shares in the last quarter. 85.37% of the stock is owned by hedge funds and other institutional investors.
GMO U.S. Quality ETF Company Profile
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.
Further Reading
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