Stonehearth Capital Management LLC Buys 20,133 Shares of GMO U.S. Quality ETF $QLTY

Stonehearth Capital Management LLC grew its position in GMO U.S. Quality ETF (NYSEARCA:QLTY) by 4.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,926 shares of the company’s stock after buying an additional 20,133 shares during the quarter. GMO U.S. Quality ETF makes up approximately 6.3% of Stonehearth Capital Management LLC’s portfolio, making the stock its 6th largest position. Stonehearth Capital Management LLC owned approximately 0.43% of GMO U.S. Quality ETF worth $15,953,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Allegheny Financial Group grew its holdings 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 valued at $14,492,000 after buying an additional 156,371 shares in the last quarter. Sprinkle Financial Consultants LLC lifted its stake in GMO U.S. Quality ETF by 10.5% in the 1st quarter. Sprinkle Financial Consultants LLC now owns 87,268 shares of the company’s stock worth $3,157,000 after acquiring an additional 8,264 shares in the last quarter. Finally, Aspen Investment Management Inc lifted its stake in GMO U.S. Quality ETF by 4.6% in the 1st quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock worth $1,006,000 after acquiring an additional 1,210 shares in the last quarter. 85.37% of the stock is owned by hedge funds and other institutional investors.

GMO U.S. Quality ETF Trading Down 1.0%

Shares of NYSEARCA QLTY opened at $40.53 on Wednesday. GMO U.S. Quality ETF has a one year low of $33.41 and a one year high of $41.90. The firm has a market capitalization of $4.21 billion, a PE ratio of 56.29 and a beta of 0.98. The business has a 50-day moving average price of $40.46 and a two-hundred day moving average price of $39.07.

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.