Matrix Trust Co Cuts Holdings in Hartford Quality Value ETF $QUVU

Matrix Trust Co lowered its holdings in Hartford Quality Value ETF (BATS:QUVU) by 98.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,922 shares of the company’s stock after selling 546,407 shares during the quarter. Matrix Trust Co owned 0.17% of Hartford Quality Value ETF worth $299,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Modern Wealth Management LLC bought a new position in Hartford Quality Value ETF during the 2nd quarter valued at about $3,813,000. Jones Financial Companies Lllp grew its stake in shares of Hartford Quality Value ETF by 60.9% in the third quarter. Jones Financial Companies Lllp now owns 162,859 shares of the company’s stock worth $4,289,000 after acquiring an additional 61,655 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Hartford Quality Value ETF during the second quarter valued at approximately $521,000. DAVENPORT & Co LLC raised its holdings in shares of Hartford Quality Value ETF by 73.9% during the third quarter. DAVENPORT & Co LLC now owns 46,822 shares of the company’s stock valued at $1,243,000 after purchasing an additional 19,898 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in Hartford Quality Value ETF during the third quarter valued at approximately $398,000.

Hartford Quality Value ETF Trading Down 0.9%

Shares of QUVU stock opened at $27.15 on Friday. Hartford Quality Value ETF has a 12-month low of $22.26 and a 12-month high of $28.90. The firm’s 50 day moving average is $28.10 and its 200 day moving average is $27.39. The stock has a market capitalization of $186.79 million, a P/E ratio of 18.43 and a beta of 0.66.

About Hartford Quality Value ETF

The Hartford Quality Value ETF (QUVU) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed, seeking long-term capital appreciation by investing in large-cap US stocks perceived to be trading at a discount to their intrinsic value. QUVU was launched on Oct 13, 2023 and is issued by The Hartford.