Legacy Solutions LLC Invests $1.14 Million in GMO U.S. Quality ETF $QLTY

Legacy Solutions LLC acquired a new stake in shares of GMO U.S. Quality ETF (NYSEARCA:QLTY) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 27,394 shares of the company’s stock, valued at approximately $1,140,000. GMO U.S. Quality ETF accounts for about 0.9% of Legacy Solutions LLC’s investment portfolio, making the stock its 23rd largest position.

A number of other large investors also recently modified their holdings of QLTY. HB Wealth Management LLC increased its stake in GMO U.S. Quality ETF by 1,078.9% in the 1st quarter. HB Wealth Management LLC now owns 5,905,175 shares of the company’s stock worth $213,642,000 after buying an additional 5,404,269 shares in the last quarter. Modern Wealth Management LLC lifted its position in shares of GMO U.S. Quality ETF by 11,962.7% in the first quarter. Modern Wealth Management LLC now owns 1,040,532 shares of the company’s stock valued at $38,073,000 after acquiring an additional 1,031,906 shares in the last quarter. CENTRAL TRUST Co lifted its position 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 acquiring an additional 215,930 shares in the last quarter. Apella Capital LLC bought a new position in shares of GMO U.S. Quality ETF in the first quarter worth about $6,801,000. Finally, Allegheny Financial Group boosted its stake in shares of GMO U.S. Quality ETF by 64.0% in the first quarter. Allegheny Financial Group now owns 400,548 shares of the company’s stock worth $14,492,000 after acquiring an additional 156,371 shares during the period. Hedge funds and other institutional investors own 85.37% of the company’s stock.

GMO U.S. Quality ETF Trading Up 1.2%

NYSEARCA:QLTY opened at $42.78 on Wednesday. GMO U.S. Quality ETF has a 12-month low of $33.85 and a 12-month high of $42.88. The stock has a 50-day moving average price of $41.35 and a 200 day moving average price of $39.63. The stock has a market capitalization of $4.97 billion, a P/E ratio of 59.42 and a beta of 0.96.

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.