Procyon Advisors LLC Lowers Stock Position in GMO U.S. Quality ETF $QLTY

Procyon Advisors LLC decreased its holdings in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) by 86.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,167 shares of the company’s stock after selling 75,741 shares during the period. Procyon Advisors LLC’s holdings in GMO U.S. Quality ETF were worth $440,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Kestra Advisory Services LLC lifted its holdings in shares of GMO U.S. Quality ETF by 77.5% in the 1st quarter. Kestra Advisory Services LLC now owns 14,908 shares of the company’s stock valued at $539,000 after buying an additional 6,510 shares during the period. Nicholas Hoffman & Company LLC. acquired a new position in GMO U.S. Quality ETF during the first quarter worth $1,169,000. HB Wealth Management LLC raised its position in GMO U.S. Quality ETF by 1,078.9% in the first quarter. HB Wealth Management LLC now owns 5,905,175 shares of the company’s stock worth $213,642,000 after acquiring an additional 5,404,269 shares in the last quarter. Kelman Lazarov Inc. raised its position in GMO U.S. Quality ETF by 4.0% in the first quarter. Kelman Lazarov Inc. now owns 380,573 shares of the company’s stock worth $13,769,000 after acquiring an additional 14,716 shares in the last quarter. Finally, Vicus Capital lifted its holdings in GMO U.S. Quality ETF by 436.9% in the first quarter. Vicus Capital now owns 139,323 shares of the company’s stock valued at $5,041,000 after acquiring an additional 113,375 shares during the period. 85.37% of the stock is owned by hedge funds and other institutional investors.

GMO U.S. Quality ETF Stock Performance

Shares of NYSEARCA QLTY opened at $41.82 on Thursday. GMO U.S. Quality ETF has a one year low of $33.56 and a one year high of $42.00. The firm has a market capitalization of $4.78 billion, a P/E ratio of 58.08 and a beta of 0.97. The company’s fifty day moving average is $41.09 and its two-hundred day moving average is $39.41.

GMO U.S. Quality ETF 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.