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.

Microsoft Corporation

Alphabet Inc.

Johnson & Johnson

Lam Research Corporation

Apple Inc.

Meta Platforms, Inc.

Broadcom Inc.

KLA Corporation

Amazon.com, Inc.

Thermo Fisher Scientific Inc.

Technology

Healthcare

Communication Services

Financial Services

Consumer Defensive

Consumer Cyclical

Industrials

GMO US Quality ETF

QLTY Holdings & Sector Breakdown