GMO U.S. Value ETF (NYSEARCA:GMOV) Short Interest Down 35.4% in June

GMO U.S. Value ETF (NYSEARCA:GMOV) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 8,785 shares, a decrease of 35.4% from the June 15th total of 13,609 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 15,506 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of GMO U.S. Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of GMOV. HighTower Advisors LLC raised its position in GMO U.S. Value ETF by 1.8% in the 4th quarter. HighTower Advisors LLC now owns 123,110 shares of the company’s stock worth $3,384,000 after purchasing an additional 2,182 shares during the last quarter. Fifth Third Bancorp bought a new position in GMO U.S. Value ETF in the 1st quarter valued at $84,000. Fund Evaluation Group LLC boosted its position in GMO U.S. Value ETF by 7.4% in the 4th quarter. Fund Evaluation Group LLC now owns 50,500 shares of the company’s stock valued at $1,388,000 after buying an additional 3,500 shares during the last quarter. Essential Partners LLC increased its stake in shares of GMO U.S. Value ETF by 8.6% in the 1st quarter. Essential Partners LLC now owns 60,238 shares of the company’s stock valued at $1,692,000 after buying an additional 4,774 shares during the period. Finally, Legacy Capital Wealth Partners LLC raised its position in shares of GMO U.S. Value ETF by 6.8% during the fourth quarter. Legacy Capital Wealth Partners LLC now owns 96,504 shares of the company’s stock worth $2,653,000 after acquiring an additional 6,156 shares during the last quarter.

GMO U.S. Value ETF Stock Performance

GMOV traded down $0.04 during midday trading on Friday, hitting $31.05. The company had a trading volume of 4,610 shares, compared to its average volume of 17,165. The company has a market capitalization of $96.25 million, a PE ratio of 12.08 and a beta of 0.65. GMO U.S. Value ETF has a twelve month low of $24.79 and a twelve month high of $31.29. The firm’s 50-day simple moving average is $30.13 and its 200-day simple moving average is $29.14.

GMO U.S. Value ETF Company Profile

The GMO US Value ETF (GMOV) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in US equity securities. The fund seeks to identify undervalued US stocks using proprietary quantitative methods, capitalizing on perceived market dislocations GMOV was launched on Oct 28, 2024 and is issued by GMO.