Prodigy Asset Management LLC lifted its position in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY – Free Report) by 28.4% during the second quarter, Holdings Channel.com reports. The firm owned 1,234,416 shares of the company’s stock after acquiring an additional 273,297 shares during the period. GMO U.S. Quality ETF comprises 15.5% of Prodigy Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Prodigy Asset Management LLC’s holdings in GMO U.S. Quality ETF were worth $51,376,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in QLTY. HB Wealth Management LLC lifted its stake in shares of GMO U.S. Quality ETF by 1,078.9% in the 1st quarter. HB Wealth Management LLC now owns 5,905,175 shares of the company’s stock valued at $213,642,000 after purchasing an additional 5,404,269 shares during the period. Lazard Asset Management LLC boosted its holdings in GMO U.S. Quality ETF by 3.8% during the first quarter. Lazard Asset Management LLC now owns 2,597,522 shares of the company’s stock worth $94,011,000 after buying an additional 96,253 shares in the last quarter. Modern Wealth Management LLC grew its position in GMO U.S. Quality ETF by 11,962.7% during the first quarter. Modern Wealth Management LLC now owns 1,040,532 shares of the company’s stock valued at $38,073,000 after buying an additional 1,031,906 shares during the period. CENTRAL TRUST Co grew its position in GMO U.S. Quality ETF by 35.7% during the first quarter. CENTRAL TRUST Co now owns 820,980 shares of the company’s stock valued at $29,703,000 after buying an additional 215,930 shares during the period. Finally, Colony Family Offices LLC increased its holdings in GMO U.S. Quality ETF by 7.9% in the first quarter. Colony Family Offices LLC now owns 487,099 shares of the company’s stock valued at $17,653,000 after buying an additional 35,746 shares in the last quarter. 85.37% of the stock is owned by hedge funds and other institutional investors.
GMO U.S. Quality ETF Stock Performance
Shares of GMO U.S. Quality ETF stock opened at $42.86 on Friday. The firm has a 50-day simple moving average of $41.41 and a two-hundred day simple moving average of $39.68. The company has a market cap of $4.98 billion, a P/E ratio of 59.53 and a beta of 0.96. GMO U.S. Quality ETF has a fifty-two week low of $33.85 and a fifty-two week high of $43.12.
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.
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