GMO U.S. Quality ETF (NYSEARCA:QLTY – Get Free Report) saw an uptick in trading volume on Monday . Approximately 1,309,255 shares were traded 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 Stock Down 0.9%
The stock has a market cap of $4.98 billion, a P/E ratio of 59.54 and a beta of 0.96. The business’s 50-day simple moving average is $41.64 and its two-hundred day simple moving average is $39.84.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its position in shares of GMO U.S. Quality ETF by 174.5% during 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 in the last quarter. Sunbelt Securities Inc. raised its stake in shares of GMO U.S. Quality ETF by 3.8% during the 1st quarter. Sunbelt Securities Inc. now owns 6,765 shares of the company’s stock valued at $245,000 after purchasing an additional 250 shares during the period. Glenmede Trust Co. NA bought a new stake in shares of GMO U.S. Quality ETF during the 1st quarter valued at $485,000. Chemistry Wealth Management LLC lifted its holdings in GMO U.S. Quality ETF by 22.9% during 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 lifted its holdings in GMO U.S. Quality ETF by 77.5% during 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 in the last quarter. 85.37% of the stock is owned by institutional investors.
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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