Royal Bank of Canada boosted its holdings in Natixis Gateway Quality Income ETF (NYSEARCA:GQI – Free Report) by 31.2% during the first quarter, Holdings Channel reports. The institutional investor owned 67,735 shares of the company’s stock after buying an additional 16,116 shares during the period. Royal Bank of Canada’s holdings in Natixis Gateway Quality Income ETF were worth $3,715,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Horizon Wealth Management LLC purchased a new position in shares of Natixis Gateway Quality Income ETF during the 4th quarter worth about $49,205,000. LPL Financial LLC boosted its position in shares of Natixis Gateway Quality Income ETF by 12.7% in the fourth quarter. LPL Financial LLC now owns 402,817 shares of the company’s stock worth $22,987,000 after acquiring an additional 45,483 shares during the last quarter. Jane Street Group LLC purchased a new stake in Natixis Gateway Quality Income ETF in the first quarter valued at approximately $1,268,000. COFG Advisors LLC purchased a new stake in Natixis Gateway Quality Income ETF in the fourth quarter valued at approximately $638,000. Finally, Greenwood Capital Associates LLC acquired a new position in Natixis Gateway Quality Income ETF during the first quarter worth approximately $524,000.
Natixis Gateway Quality Income ETF Stock Performance
Shares of GQI stock opened at $60.36 on Friday. The firm has a market capitalization of $269.21 million, a price-to-earnings ratio of 26.77 and a beta of 0.72. The company has a 50 day moving average price of $59.19 and a 200 day moving average price of $57.92. Natixis Gateway Quality Income ETF has a one year low of $53.47 and a one year high of $60.88.
Natixis Gateway Quality Income ETF Company Profile
The Natixis Gateway Quality Income ETF (GQI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total returns by investing in US large- and mid-cap stocks deemed high-quality while enhancing income through ELNs. GQI was launched on Dec 13, 2023 and is issued by Natixis.
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