GMO U.S. Quality ETF $QLTY Shares Acquired by Lazard Asset Management LLC

Lazard Asset Management LLC boosted its holdings in GMO U.S. Quality ETF (NYSEARCA:QLTY) by 3.8% in the first quarter, HoldingsChannel reports. The firm owned 2,597,522 shares of the company’s stock after purchasing an additional 96,253 shares during the period. Lazard Asset Management LLC’s holdings in GMO U.S. Quality ETF were worth $94,011,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. HB Wealth Management LLC increased its holdings in GMO U.S. Quality ETF by 1,078.9% during the 1st quarter. HB Wealth Management LLC now owns 5,905,175 shares of the company’s stock worth $213,642,000 after purchasing an additional 5,404,269 shares during the last quarter. Modern Wealth Management LLC boosted its stake in shares of GMO U.S. Quality ETF by 11,962.7% during the 1st 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 last quarter. CENTRAL TRUST Co boosted its stake in shares of GMO U.S. Quality ETF by 35.7% during the 1st 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 last quarter. Colony Family Offices LLC boosted its stake in shares of GMO U.S. Quality ETF by 7.9% during the 1st 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 during the last quarter. Finally, Stonehearth Capital Management LLC grew its position in shares of GMO U.S. Quality ETF by 4.8% during the first quarter. Stonehearth Capital Management LLC now owns 440,926 shares of the company’s stock worth $15,953,000 after buying an additional 20,133 shares in the last quarter. Institutional investors and hedge funds own 85.37% of the company’s stock.

GMO U.S. Quality ETF Trading Up 0.7%

Shares of NYSEARCA:QLTY opened at $41.19 on Tuesday. The company has a fifty day simple moving average of $41.23 and a 200 day simple moving average of $39.54. The firm has a market cap of $4.78 billion, a PE ratio of 57.21 and a beta of 0.97. GMO U.S. Quality ETF has a 12-month low of $33.56 and a 12-month high of $42.06.

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.