Allegheny Financial Group Boosts Stock Position in GMO U.S. Quality ETF $QLTY

Allegheny Financial Group grew its position in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) by 64.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 400,548 shares of the company’s stock after acquiring an additional 156,371 shares during the period. GMO U.S. Quality ETF accounts for approximately 2.0% of Allegheny Financial Group’s holdings, making the stock its 15th largest holding. Allegheny Financial Group’s holdings in GMO U.S. Quality ETF were worth $14,492,000 at the end of the most recent reporting period.

Separately, Aspen Investment Management Inc grew its position in GMO U.S. Quality ETF by 4.6% during the first quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock valued at $1,006,000 after acquiring an additional 1,210 shares during the last quarter. 85.37% of the stock is currently owned by institutional investors and hedge funds.

GMO U.S. Quality ETF Stock Performance

QLTY stock opened at $41.12 on Monday. The company has a market capitalization of $4.27 billion, a PE ratio of 57.11 and a beta of 0.98. GMO U.S. Quality ETF has a one year low of $32.63 and a one year high of $41.90. The company’s 50 day moving average price is $40.36 and its two-hundred day moving average price is $39.04.

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.