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GMO US Quality ETF

QLTY · AMEX

Market closed$41.21$-0.040000 (-0.10%)After hours $41.21 · 0.00%

Key statistics

Previous close$41.25
Open$41.44
Day high$41.45
Day low$41.16
52-week high$42.06
52-week low$33.56
Market cap4.70B
Volume247.71K
Average volume498.61K
P/E ratio24.13
Forward P/E—
EPS1.71
Dividend yield0.00%

Market context

Why it moved

QLTY declined modestly amid a broader market rotation and mild profit-taking, as sentiment indicators showed increased caution despite the overall S&P 500 remaining in a constructive risk-on regime.

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What is happening

Recent company-specific developments and publisher coverage.

July 21, 2026The GMO US Quality ETF closed little changed, finishing essentially flat as its top holdings navigated a complex macro backdrop dominated by escalating U.S.-Iran tensions, rising oil prices, and a mixed start to Big Tech earnings season. Key holdings Alphabet (GOOGL, 5.3%) surged over 3% on news of Google's AI-specific 'Frozen v2' chip development, while Microsoft (MSFT, 6.2%) gained 2% ahead of its July 29 earnings with CLSA initiating coverage at Outperform; these gains were partially offset by semiconductor-linked weakness in Lam Research (LRCX, 4.7%) and Apple (AAPL, 4.7%), as investors rotated amid Moonshot AI's Kimi K3 model release raising concerns about AI infrastructure spending durability. The broader S&P 500 dipped 0.2% as Brent crude topped $90/bbl for the first time in five weeks, while the XLF financial sector ETF held steady, reflecting the quality-focused ETF's relatively defensive positioning heading into a heavy week of mega-cap earnings.

-0.097

July 17, 2026The GMO US Quality ETF declined on Friday, weighed down by a broad tech-led selloff that hit several of its largest holdings. Alphabet (GOOGL, ~5.3% of the fund) fell sharply after Bloomberg reported Gemini 3.5 Pro is months behind schedule, while Microsoft (MSFT, ~6.2%) continues to trade well below its peak amid a securities fraud class action and Azure growth concerns. Semiconductor names Lam Research (LRCX, ~4.7%) and KLA Corp (KLAC, ~3.6%) dropped amid a sector-wide rout driven by AI ROI fears and China competition. Meanwhile, a bright spot emerged with Johnson & Johnson (JNJ, ~5.1%) posting a Q2 beat and raising 2026 guidance, partially cushioning the ETF's decline.

-1.4101

July 16, 2026GMO US Quality ETF closed essentially flat, holding near its 52-week high as mixed crosscurrents buffeted its top holdings. Alphabet (GOOGL, 5.3% weight) fell nearly 4.5% after reports that its flagship Gemini 3.5 Pro AI model is months behind schedule on coding performance, while Meta (4.6%) also declined; those losses were partly offset by strength in Johnson & Johnson (5.1%), which beat Q2 estimates and raised full-year guidance, and Lam Research (4.7%), buoyed by bullish analyst sentiment ahead of earnings. GMO also expanded its ETF suite with the launch of the GMO Power Infrastructure ETF (KWH), and portfolio manager Tom Hancock highlighted Nvidia as a top opportunity, signaling continued conviction in quality-growth positioning.

0.0478

July 15, 2026GMO US Quality ETF edged modestly higher, closing near its 52-week high with above-average volume as key holdings rallied on solid macro and earnings tailwinds. Johnson & Johnson — a top-five holding — beat Q2 estimates and raised its 2026 revenue outlook to $101.1B, while Lam Research and KLA surged roughly 5% each as semiconductor-equipment sentiment rebounded. Broader market support came from a cooler-than-expected June CPI report, which lifted the S&P 500 and fueled optimism around the Fed's rate path. GMO also announced the launch of a new Power Infrastructure ETF (KWH), underscoring the firm's continued product expansion.

0.3359

July 14, 2026The GMO US Quality ETF closed essentially flat in a volatile macro backdrop, as its concentrated holdings in mega-cap tech and healthcare faced crosscurrents from a softer-than-expected June CPI print and escalating US-Iran tensions. Top holdings Broadcom and Lam Research surged on improving chip-equipment sentiment ahead of earnings, while Apple edged lower after a KeyBanc downgrade citing slowing iPhone demand, and Microsoft continued to face headwinds tied to AI monetization concerns. The ETF's near-52-week-high positioning reflects its quality-tilt holding up relatively well even as rotation away from the most expensive tech names weighs on the broader Nasdaq.

-0.0959

July 13, 2026GMO US Quality ETF closed modestly lower, slipping about 0.55% as broad market risk-off sentiment — driven by a sharp oil price surge following renewed U.S.-Iran military exchanges — weighed on equities. Despite the pullback, the fund remains near its 52-week high of $42.00, reflecting resilience in its quality-focused portfolio of large-cap holdings including Microsoft, Alphabet, Johnson & Johnson, Lam Research, and Apple. Investors are entering a pivotal week with Q2 earnings season kicking off, S&P 500 earnings growth projected above 20% for a second straight quarter, and key inflation data ahead that could shape Fed rate expectations.

-0.5483

July 11, 2026GMO US Quality ETF closed essentially flat, holding just below its 52-week high of $41.99 as its concentrated mega-cap holdings navigated a mixed session. Top holding Meta Platforms surged roughly 14% on the week on AI strategy optimism and its Muse Spark model release, while Lam Research rallied 6% on bullish semiconductor analyst calls ahead of its July 29 earnings. Offsetting factors included a class action lawsuit against top holding Microsoft over Copilot functionality, and cautious macro sentiment tied to Iran-U.S. geopolitical tensions and the approaching Q2 earnings season.

0.1432

July 9, 2026The GMO US Quality ETF closed higher, outperforming the financial sector as investors rotated toward quality-factor holdings amid renewed geopolitical turbulence. With the U.S.-Iran ceasefire in jeopardy following fresh airstrikes, rising oil prices, and climbing Treasury yields, market participants appeared to favor QLTY's defensive quality tilt — led by top holdings Johnson & Johnson (near record highs ahead of July 15 earnings), Microsoft, and Broadcom, the latter boosted by a landmark $30B+ Apple chip partnership. The ETF's approach near its 52-week high of $41.99 signals resilient investor appetite for high-quality, large-cap U.S. equities even as broader AI-driven tech sentiment remained mixed.

1.0251

CNBC · July 16, 2026Market opportunities are hiding in plain sight with Nvidia, says GMO's Tom HancockPluang · May 22, 2026GMO U.S. Quality ETF underperforms with high ri...CNBC · May 6, 2026A lot of AI beneficiaries in the market that are not caught in froth, says GMO's Tom HancockBarron's · December 11, 2025Microsoft, Broadcom, Lilly, and Other Stocks That Define ‘Quality’ for this Money Manager

Peers

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