GMO U.S. Quality ETF (NYSEARCA:QLTY) Short Interest Update

GMO U.S. Quality ETF (NYSEARCA:QLTY) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 213,293 shares, a decline of 78.2% from the June 30th total of 978,699 shares. Based on an average daily volume of 443,278 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

GMO U.S. Quality ETF Price Performance

NYSEARCA:QLTY traded up $0.27 during trading hours on Monday, reaching $41.19. The company’s stock had a trading volume of 369,347 shares, compared to its average volume of 594,810. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 57.21 and a beta of 0.97. GMO U.S. Quality ETF has a one year low of $33.56 and a one year high of $42.06. The business’s 50-day moving average is $41.22 and its 200-day moving average is $39.53.

Institutional Trading of GMO U.S. Quality ETF

Large investors have recently made changes to their positions in the stock. Aspen Investment Management Inc increased its holdings 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 valued at $1,006,000 after acquiring an additional 1,210 shares during the last quarter. Sprinkle Financial Consultants LLC lifted its holdings in GMO U.S. Quality ETF by 10.5% in the 1st 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 during the last quarter. Allegheny Financial Group boosted its position in 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 purchasing an additional 156,371 shares during the period. Stonehearth Capital Management LLC boosted its position in GMO U.S. Quality ETF by 4.8% during the first quarter. Stonehearth Capital Management LLC now owns 440,926 shares of the company’s stock worth $15,953,000 after purchasing an additional 20,133 shares during the period. Finally, CENTRAL TRUST Co grew its holdings in GMO U.S. Quality ETF by 35.7% during the first 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 during the last quarter. Institutional investors own 85.37% of the company’s stock.

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.