Matrix Trust Co Buys Shares of 567,588 Hartford Quality Value ETF (NYSEARCA:QUVU)

Matrix Trust Co bought a new stake in shares of Hartford Quality Value ETF (NYSEARCA:QUVU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 567,588 shares of the company’s stock, valued at approximately $13,100,000. Hartford Quality Value ETF accounts for 3.1% of Matrix Trust Co’s portfolio, making the stock its 10th largest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Global Retirement Partners LLC purchased a new stake in shares of Hartford Quality Value ETF during the 4th quarter valued at about $45,000. Busey Bank purchased a new stake in shares of Hartford Quality Value ETF during the 4th quarter valued at about $201,000. Advisor Resource Council purchased a new stake in shares of Hartford Quality Value ETF during the 4th quarter valued at about $239,000. International Assets Investment Management LLC purchased a new stake in shares of Hartford Quality Value ETF during the 4th quarter valued at about $747,000. Finally, Bowman & Co S.C. purchased a new stake in shares of Hartford Quality Value ETF during the 4th quarter valued at about $917,000.

Hartford Quality Value ETF Price Performance

Shares of NYSEARCA QUVU remained flat at $24.00 during midday trading on Friday. 8,027 shares of the stock traded hands, compared to its average volume of 12,510. Hartford Quality Value ETF has a 12-month low of $20.71 and a 12-month high of $25.10. The company has a market cap of $170.37 million, a PE ratio of 17.01 and a beta of 0.64. The stock’s 50-day moving average is $23.81.

Hartford Quality Value ETF Company Profile

The Hartford Quality Value ETF (QUVU) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed, seeking long-term capital appreciation by investing in large-cap US stocks perceived to be trading at a discount to their intrinsic value. QUVU was launched on Oct 13, 2023 and is issued by The Hartford.