GMO International Quality ETF $QLTI Stake Cut by Hartford Financial Management Inc.

Hartford Financial Management Inc. cut its stake in shares of GMO International Quality ETF (NYSEARCA:QLTI) by 33.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 265,393 shares of the company’s stock after selling 136,387 shares during the quarter. GMO International Quality ETF makes up 1.6% of Hartford Financial Management Inc.’s portfolio, making the stock its 16th largest holding. Hartford Financial Management Inc. owned about 2.60% of GMO International Quality ETF worth $7,064,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Parallel Advisors LLC increased its stake in GMO International Quality ETF by 19.3% during the 1st quarter. Parallel Advisors LLC now owns 5,667 shares of the company’s stock valued at $142,000 after buying an additional 918 shares during the period. Hedge funds and other institutional investors own 61.01% of the company’s stock.

GMO International Quality ETF Price Performance

QLTI opened at $27.74 on Thursday. The business has a 50 day moving average price of $27.18 and a two-hundred day moving average price of $26.76. GMO International Quality ETF has a 1-year low of $24.22 and a 1-year high of $28.20. The company has a market capitalization of $282.95 million, a price-to-earnings ratio of -40.79 and a beta of 0.53.

GMO International Quality ETF Company Profile

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.