Glenmede Trust Co. NA Purchases Shares of 13,400 GMO U.S. Quality ETF $QLTY

Glenmede Trust Co. NA purchased a new stake in GMO U.S. Quality ETF (NYSEARCA:QLTY) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,400 shares of the company’s stock, valued at approximately $485,000.

Several other large investors have also recently made changes to their positions in QLTY. Aspen Investment Management Inc boosted its position 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 during the period. Sprinkle Financial Consultants LLC lifted its stake in GMO U.S. Quality ETF by 10.5% during the first quarter. Sprinkle Financial Consultants LLC now owns 87,268 shares of the company’s stock worth $3,157,000 after purchasing an additional 8,264 shares in the last quarter. Allegheny Financial Group boosted its position in shares of GMO U.S. Quality ETF by 64.0% during the first quarter. Allegheny Financial Group now owns 400,548 shares of the company’s stock worth $14,492,000 after buying an additional 156,371 shares during the period. Stonehearth Capital Management LLC grew its stake in shares of GMO U.S. Quality ETF by 4.8% in the first quarter. Stonehearth Capital Management LLC now owns 440,926 shares of the company’s stock valued at $15,953,000 after buying an additional 20,133 shares in the last quarter. Finally, CENTRAL TRUST Co grew its stake in shares of GMO U.S. Quality ETF by 35.7% in the first 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 in the last quarter. 85.37% of the stock is currently owned by institutional investors and hedge funds.

GMO U.S. Quality ETF Trading Up 0.7%

QLTY stock opened at $43.15 on Friday. The business’s fifty day moving average price is $41.44 and its 200 day moving average price is $39.70. GMO U.S. Quality ETF has a 12-month low of $34.10 and a 12-month high of $43.16. The company has a market capitalization of $5.01 billion, a PE ratio of 59.93 and a beta of 0.96.

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.