Shares of GMO U.S. Quality ETF (NYSEARCA:QLTY – Get Free Report) saw strong trading volume on Monday . 1,309,255 shares changed hands during trading, an increase of 130% from the previous session’s volume of 570,226 shares.The stock last traded at $42.91 and had previously closed at $43.25.
GMO U.S. Quality ETF Trading Down 0.2%
The company has a market cap of $4.97 billion, a PE ratio of 59.36 and a beta of 0.96. The business’s 50 day moving average is $41.71 and its two-hundred day moving average is $39.88.
Hedge Funds Weigh In On GMO U.S. Quality ETF
Large investors have recently made changes to their positions in the business. Royal Bank of Canada boosted 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 holdings in GMO U.S. Quality ETF by 3.8% in the 1st quarter. Sunbelt Securities Inc. now owns 6,765 shares of the company’s stock worth $245,000 after purchasing an additional 250 shares in the last quarter. Glenmede Trust Co. NA purchased a new position in GMO U.S. Quality ETF in the 1st quarter worth approximately $485,000. Chemistry Wealth Management LLC lifted its holdings in GMO U.S. Quality ETF by 22.9% in the 2nd quarter. Chemistry Wealth Management LLC now owns 12,018 shares of the company’s stock worth $500,000 after purchasing an additional 2,239 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in 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 worth $539,000 after purchasing an additional 6,510 shares during the period. 85.37% of the stock is currently 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.
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