Acumen Wealth Advisors LLC Decreases Stake in GMO U.S. Quality ETF $QLTY

Acumen Wealth Advisors LLC lessened its holdings in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) by 96.0% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,180 shares of the company’s stock after selling 51,824 shares during the quarter. Acumen Wealth Advisors LLC’s holdings in GMO U.S. Quality ETF were worth $79,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. CENTRAL TRUST Co increased its holdings in GMO U.S. Quality ETF by 35.7% in the 1st quarter. CENTRAL TRUST Co now owns 820,980 shares of the company’s stock valued at $29,703,000 after purchasing an additional 215,930 shares in the last quarter. HB Wealth Management LLC lifted its stake in shares of GMO U.S. Quality ETF by 1,078.9% during the first 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 in the last quarter. Stonehearth Capital Management LLC boosted its position 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 worth $15,953,000 after buying an additional 20,133 shares during the period. Colony Family Offices LLC raised its holdings 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 period. Finally, Kelman Lazarov Inc. lifted its position in GMO U.S. Quality ETF by 4.0% during the 1st quarter. Kelman Lazarov Inc. now owns 380,573 shares of the company’s stock worth $13,769,000 after acquiring an additional 14,716 shares in the last quarter. Institutional investors and hedge funds own 85.37% of the company’s stock.

GMO U.S. Quality ETF Stock Up 0.3%

NYSEARCA QLTY opened at $41.32 on Wednesday. The business has a 50 day moving average price of $41.18 and a two-hundred day moving average price of $39.48. The stock has a market cap of $4.76 billion, a PE ratio of 57.39 and a beta of 0.97. GMO U.S. Quality ETF has a fifty-two week low of $33.56 and a fifty-two week 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.