Jones Financial Companies Lllp Raises Stock Position in Hartford Quality Value ETF (NYSEARCA:QUVU)

Jones Financial Companies Lllp increased its stake in Hartford Quality Value ETF (NYSEARCA:QUVU) by 222.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,713 shares of the company’s stock after purchasing an additional 28,071 shares during the quarter. Jones Financial Companies Lllp owned 0.57% of Hartford Quality Value ETF worth $993,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Matrix Trust Co boosted its holdings in Hartford Quality Value ETF by 3.9% in the fourth quarter. Matrix Trust Co now owns 631,555 shares of the company’s stock worth $15,407,000 after purchasing an additional 23,642 shares during the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Hartford Quality Value ETF during the 3rd quarter worth $2,912,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of Hartford Quality Value ETF by 14.7% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 75,484 shares of the company’s stock worth $1,841,000 after acquiring an additional 9,660 shares during the last quarter.

Hartford Quality Value ETF Price Performance

Shares of Hartford Quality Value ETF stock opened at $25.29 on Friday. The company’s fifty day simple moving average is $25.21 and its 200-day simple moving average is $25.75. The stock has a market capitalization of $175.26 million, a PE ratio of 19.16 and a beta of 0.66. Hartford Quality Value ETF has a 1-year low of $22.06 and a 1-year high of $27.20.

Hartford Quality Value ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.5251 per share. The ex-dividend date was Monday, December 23rd.

Hartford Quality Value ETF Profile

The Hartford Quality Value ETF (QUVU) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund is actively managed, seeking long-term capital appreciation by investing in large-cap US stocks perceived to be trading at a discount to their intrinsic value. QUVU was launched on Oct 13, 2023 and is issued by The Hartford.