Lazard Asset Management LLC Has $35.76 Million Holdings in GMO International Quality ETF $QLTI

Lazard Asset Management LLC cut its holdings in GMO International Quality ETF (NYSEARCA:QLTI) by 6.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,432,057 shares of the company’s stock after selling 91,676 shares during the period. Lazard Asset Management LLC owned approximately 0.13% of GMO International Quality ETF worth $35,764,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of QLTI. Turim 21 Investimentos Ltda. bought a new position in GMO International Quality ETF during the fourth quarter valued at about $39,000. Parallel Advisors LLC lifted its position in shares of GMO International Quality ETF by 41.4% in the third quarter. Parallel Advisors LLC now owns 2,738 shares of the company’s stock worth $70,000 after buying an additional 802 shares during the last quarter. JPMorgan Chase & Co. bought a new stake in shares of GMO International Quality ETF during the 2nd quarter worth about $148,000. RPS Advisory Solutions LLC bought a new stake in shares of GMO International Quality ETF during the 4th quarter worth about $425,000. Finally, Moneta Group Investment Advisors LLC acquired a new position in shares of GMO International Quality ETF during the 4th quarter valued at about $1,221,000. 61.01% of the stock is owned by institutional investors and hedge funds.

GMO International Quality ETF Stock Performance

Shares of NYSEARCA QLTI opened at $27.14 on Wednesday. The business’s 50-day simple moving average is $26.62 and its 200-day simple moving average is $26.53. GMO International Quality ETF has a 52 week low of $24.21 and a 52 week high of $28.15. The firm has a market cap of $293.11 million, a price-to-earnings ratio of -39.91 and a beta of 0.50.

About GMO International Quality ETF

The GMO International Quality ETF (QLTI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing in non-US equities that the adviser deems to be high quality. The fund focuses on companies with strong cash flows, targeting investments with high return potential. QLTI was launched on Oct 28, 2024 and is issued by GMO.