Shares of 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 $40.62 and last traded at $40.62, with a volume of 71914 shares. The stock had previously closed at $40.37.
GMO U.S. Quality ETF Trading Down 0.8%
The firm’s 50-day simple moving average is $38.23 and its 200-day simple moving average is $38.38. The company has a market capitalization of $4.18 billion, a PE ratio of 55.96 and a beta of 0.99.
Institutional Investors Weigh In On GMO U.S. Quality ETF
A number of large investors have recently modified their holdings of QLTY. Kestra Advisory Services LLC raised its position in shares of GMO U.S. Quality ETF by 77.5% in the 1st 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 last quarter. Breakwater Capital Group increased its stake in GMO U.S. Quality ETF by 89.8% during the 1st quarter. Breakwater Capital Group now owns 24,449 shares of the company’s stock valued at $885,000 after purchasing an additional 11,568 shares in the last quarter. Aspen Investment Management Inc raised its holdings in shares of GMO U.S. Quality ETF by 4.6% in the first quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock worth $1,006,000 after buying an additional 1,210 shares during the last quarter. Parallel Advisors LLC raised its holdings in shares of GMO U.S. Quality ETF by 7.6% in the first quarter. Parallel Advisors LLC now owns 28,819 shares of the company’s stock worth $1,043,000 after buying an additional 2,044 shares during the last quarter. Finally, Nicholas Hoffman & Company LLC. acquired a new stake in shares of GMO U.S. Quality ETF during the first quarter worth $1,169,000. Hedge funds and other institutional investors own 85.37% of the company’s stock.
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.
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