Apella Capital LLC bought a new stake in GMO U.S. Quality ETF (NYSEARCA:QLTY – Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 171,105 shares of the company’s stock, valued at approximately $6,801,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QLTY. CENTRAL TRUST Co raised its position in GMO U.S. Quality ETF by 35.7% in the first quarter. CENTRAL TRUST Co now owns 820,980 shares of the company’s stock valued at $29,703,000 after purchasing an additional 215,930 shares during the period. Stonehearth Capital Management LLC boosted its position in shares of GMO U.S. Quality ETF by 4.8% during the first quarter. Stonehearth Capital Management LLC now owns 440,926 shares of the company’s stock worth $15,953,000 after buying an additional 20,133 shares during the period. Allegheny Financial Group boosted its position in shares of GMO U.S. Quality ETF by 64.0% during the first quarter. Allegheny Financial Group now owns 400,548 shares of the company’s stock worth $14,492,000 after buying an additional 156,371 shares during the period. Sprinkle Financial Consultants LLC boosted its position in shares of GMO U.S. Quality ETF by 10.5% during the first quarter. Sprinkle Financial Consultants LLC now owns 87,268 shares of the company’s stock worth $3,157,000 after buying an additional 8,264 shares during the period. Finally, Aspen Investment Management Inc grew its stake in shares of GMO U.S. Quality ETF by 4.6% in the first quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock valued at $1,006,000 after buying an additional 1,210 shares in the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.
GMO U.S. Quality ETF Trading Up 0.2%
QLTY stock opened at $40.67 on Friday. The company has a market capitalization of $4.22 billion, a PE ratio of 56.49 and a beta of 0.98. GMO U.S. Quality ETF has a 12-month low of $33.56 and a 12-month high of $41.90. The business’s fifty day moving average price is $40.54 and its 200 day moving average price is $39.10.
About GMO U.S. Quality ETF
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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