Quantinno Capital Management LP Takes Position in GMO U.S. Quality ETF $QLTY

Quantinno Capital Management LP purchased a new position in GMO U.S. Quality ETF (NYSEARCA:QLTY) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 16,113 shares of the company’s stock, valued at approximately $583,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Kestra Advisory Services LLC grew its stake in GMO U.S. Quality ETF by 77.5% in the first quarter. Kestra Advisory Services LLC now owns 14,908 shares of the company’s stock valued at $539,000 after purchasing an additional 6,510 shares in the last quarter. Breakwater Capital Group increased its position in GMO U.S. Quality ETF by 89.8% in the 1st quarter. Breakwater Capital Group now owns 24,449 shares of the company’s stock worth $885,000 after purchasing an additional 11,568 shares during the last quarter. Aspen Investment Management Inc raised its stake in shares of GMO U.S. Quality ETF by 4.6% during the 1st quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock worth $1,006,000 after purchasing an additional 1,210 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of GMO U.S. Quality ETF by 7.6% during the 1st quarter. Parallel Advisors LLC now owns 28,819 shares of the company’s stock worth $1,043,000 after purchasing an additional 2,044 shares in the last quarter. Finally, Nicholas Hoffman & Company LLC. acquired a new stake in shares of GMO U.S. Quality ETF during the 1st quarter valued at about $1,169,000. 85.37% of the stock is currently owned by hedge funds and other institutional investors.

GMO U.S. Quality ETF Price Performance

Shares of GMO U.S. Quality ETF stock opened at $43.02 on Thursday. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 59.75 and a beta of 0.96. The stock has a 50-day simple moving average of $41.76 and a 200-day simple moving average of $39.90. GMO U.S. Quality ETF has a 52-week low of $34.36 and a 52-week high of $43.52.

GMO U.S. Quality ETF Company 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.