Procyon Advisors LLC Decreases Holdings in GMO U.S. Quality ETF $QLTY

Procyon Advisors LLC lowered its position in GMO U.S. Quality ETF (NYSEARCA:QLTY) by 86.2% during the first quarter, HoldingsChannel.com reports. The fund owned 12,167 shares of the company’s stock after selling 75,741 shares during the quarter. Procyon Advisors LLC’s holdings in GMO U.S. Quality ETF were worth $440,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Aspen Investment Management Inc raised its holdings in GMO U.S. Quality ETF by 4.6% during the first quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock worth $1,006,000 after purchasing an additional 1,210 shares during the last quarter. Sprinkle Financial Consultants LLC grew its holdings in GMO U.S. Quality ETF by 10.5% in the first quarter. Sprinkle Financial Consultants LLC now owns 87,268 shares of the company’s stock valued at $3,157,000 after purchasing an additional 8,264 shares during the last quarter. Allegheny Financial Group increased its position in shares of GMO U.S. Quality ETF by 64.0% in the first quarter. Allegheny Financial Group now owns 400,548 shares of the company’s stock valued at $14,492,000 after buying an additional 156,371 shares in the last quarter. Stonehearth Capital Management LLC increased its position in shares of GMO U.S. Quality ETF by 4.8% in the first quarter. Stonehearth Capital Management LLC now owns 440,926 shares of the company’s stock valued at $15,953,000 after buying an additional 20,133 shares in the last quarter. Finally, CENTRAL TRUST Co raised its stake in shares of GMO U.S. Quality ETF by 35.7% during the 1st quarter. CENTRAL TRUST Co now owns 820,980 shares of the company’s stock worth $29,703,000 after buying an additional 215,930 shares during the last quarter. 85.37% of the stock is owned by hedge funds and other institutional investors.

GMO U.S. Quality ETF Stock Up 0.3%

GMO U.S. Quality ETF stock opened at $41.82 on Thursday. GMO U.S. Quality ETF has a 52 week low of $33.56 and a 52 week high of $42.00. The firm’s 50-day simple moving average is $41.09 and its 200 day simple moving average is $39.41. The firm has a market capitalization of $4.78 billion, a PE ratio of 58.08 and a beta of 0.97.

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.