Nicholas Hoffman & Company LLC. Acquires Shares of 32,310 GMO U.S. Quality ETF $QLTY

Nicholas Hoffman & Company LLC. bought a new stake in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 32,310 shares of the company’s stock, valued at approximately $1,169,000.

A number of other institutional investors have also recently added to or reduced their stakes in QLTY. CENTRAL TRUST Co raised 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 worth $29,703,000 after acquiring an additional 215,930 shares during the period. Stonehearth Capital Management LLC increased its stake 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 purchasing an additional 20,133 shares in the last quarter. Colony Family Offices LLC increased its stake in shares of GMO U.S. Quality ETF by 7.9% during the first quarter. Colony Family Offices LLC now owns 487,099 shares of the company’s stock worth $17,653,000 after purchasing an additional 35,746 shares in the last quarter. HB Wealth Management LLC raised its position in shares of 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. Finally, Allegheny Financial Group lifted its stake in GMO U.S. Quality ETF by 64.0% in the 1st quarter. Allegheny Financial Group now owns 400,548 shares of the company’s stock valued at $14,492,000 after buying an additional 156,371 shares in the last quarter. Institutional investors and hedge funds own 85.37% of the company’s stock.

GMO U.S. Quality ETF Trading Down 0.1%

Shares of GMO U.S. Quality ETF stock opened at $41.66 on Wednesday. GMO U.S. Quality ETF has a twelve month low of $33.56 and a twelve month high of $41.99. The firm has a market capitalization of $4.70 billion, a PE ratio of 57.86 and a beta of 0.97. The firm’s 50-day moving average price is $40.86 and its 200 day moving average price is $39.28.

About GMO U.S. Quality ETF

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.