Matrix Trust Co Lowers Holdings in Hartford Quality Value ETF $QUVU

Matrix Trust Co trimmed its holdings in Hartford Quality Value ETF (BATS:QUVU) by 98.0% in the 4th quarter, HoldingsChannel reports. The firm owned 10,922 shares of the company’s stock after selling 546,407 shares during the quarter. Matrix Trust Co’s holdings in Hartford Quality Value ETF were worth $299,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in QUVU. Raymond James Financial Inc. bought a new stake in shares of Hartford Quality Value ETF during the second quarter valued at approximately $521,000. Modern Wealth Management LLC bought a new position in shares of Hartford Quality Value ETF during the second quarter worth $3,813,000. DAVENPORT & Co LLC boosted its position in shares of Hartford Quality Value ETF by 73.9% during the third quarter. DAVENPORT & Co LLC now owns 46,822 shares of the company’s stock worth $1,243,000 after acquiring an additional 19,898 shares during the last quarter. CWM LLC grew its stake in Hartford Quality Value ETF by 339.1% during the third quarter. CWM LLC now owns 1,594 shares of the company’s stock valued at $42,000 after acquiring an additional 1,231 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in Hartford Quality Value ETF by 60.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 162,859 shares of the company’s stock valued at $4,289,000 after acquiring an additional 61,655 shares during the last quarter.

Hartford Quality Value ETF Stock Performance

Shares of BATS QUVU opened at $27.15 on Friday. The company has a market cap of $186.79 million, a P/E ratio of 18.43 and a beta of 0.66. Hartford Quality Value ETF has a 52-week low of $22.26 and a 52-week high of $28.90. The firm’s fifty day moving average is $28.10 and its two-hundred day moving average is $27.39.

About Hartford Quality Value ETF

The Hartford Quality Value ETF (QUVU) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed, seeking long-term capital appreciation by investing in large-cap US stocks perceived to be trading at a discount to their intrinsic value. QUVU was launched on Oct 13, 2023 and is issued by The Hartford.