QLTY 📈 The 2023 Series Trust II - Overview
Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • • Large Blend
QLTY: High-Quality, U.S., Equities, Stocks, Securities
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing primarily in equities of U.S. companies that the fund's adviser, Grantham, Mayo, Van Otterloo & Co. LLC ('GMO' or the 'Adviser'), believes to be of high quality. Equity securities primarily include common and preferred stocks and, to a lesser extent, other stock-related securities, such as convertible securities, depositary receipts, equity real estate investment trusts, income trusts, and securities of other investment companies that investment primarily in equity securities.
Additional Sources for QLTY ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
QLTY ETF Overview
| Market Cap in USD | 1,443m |
| Category | Large Blend |
| TER | 0.50% |
| IPO / Inception | 2023-11-13 |
QLTY ETF Ratings
| Growth 5y | 76.5% |
| Fundamental | - |
| Dividend | 49.6% |
| Rel. Strength Industry | -17.2 |
| Analysts | - |
| Fair Price Momentum | 31.90 USD |
| Fair Price DCF | - |
QLTY Dividends
| Dividend Yield 12m | 0.62% |
| Yield on Cost 5y | 0.80% |
| Annual Growth 5y | 96.93% |
| Payout Consistency | 100.0% |
QLTY Growth Ratios
| Growth Correlation 3m | 39.9% |
| Growth Correlation 12m | 96.2% |
| Growth Correlation 5y | 97.1% |
| CAGR 5y | 25.95% |
| CAGR/Mean DD 5y | 24.40 |
| Sharpe Ratio 12m | 1.40 |
| Alpha | -0.65 |
| Beta | 0.87 |
| Volatility | 20.26% |
| Current Volume | 158.9k |
| Average Volume 20d | 190.5k |
What is the price of QLTY stocks?
As of December 22, 2024, the stock is trading at USD 32.34 with a total of 158,900 shares traded.
Over the past week, the price has changed by -2.34%, over one month by -0.28%, over three months by -0.99% and over the past year by +21.75%.
As of December 22, 2024, the stock is trading at USD 32.34 with a total of 158,900 shares traded.
Over the past week, the price has changed by -2.34%, over one month by -0.28%, over three months by -0.99% and over the past year by +21.75%.
Is The 2023 Series Trust II a good stock to buy?
Yes. Based on ValueRay Analyses, The 2023 Series Trust II (NASDAQ:QLTY) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 76.49 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QLTY as of December 2024 is 31.90. This means that QLTY is currently overvalued and has a potential downside of -1.36%.
Yes. Based on ValueRay Analyses, The 2023 Series Trust II (NASDAQ:QLTY) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 76.49 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of QLTY as of December 2024 is 31.90. This means that QLTY is currently overvalued and has a potential downside of -1.36%.
Is QLTY a buy, sell or hold?
The 2023 Series Trust II has no consensus analysts rating.
The 2023 Series Trust II has no consensus analysts rating.
What are the forecast for QLTY stock price target?
According to ValueRays Forecast Model, QLTY The 2023 Series Trust II will be worth about 35.3 in December 2025. The stock is currently trading at 32.34. This means that the stock has a potential upside of +9.25%.
According to ValueRays Forecast Model, QLTY The 2023 Series Trust II will be worth about 35.3 in December 2025. The stock is currently trading at 32.34. This means that the stock has a potential upside of +9.25%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 35.3 | 9.2% |