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GMO Launches GMO Power Infrastructure ETF (KWH)
Business Wire (Wed, 15-Jul 8:00 AM ET)
GMO selects the securities the Fund buys and sells based on its evaluation of companies' published financial information, securities prices, equity and other markets (e.g., bond and currency), the overall global economy, and governmental policies. The Fund seeks to capitalize opportunistically on what GMO believes to be market dislocations within the U.S. equity markets. GMO uses a combination of proprietary quantitative investment methods to identify U.S. equities GMO believes have positive return potential relative to other U.S. equities. A key component of the process is GMO's proprietary methodology for assessing values of a company's tangible and intangible assets and generating equity return forecasts, which are then incorporated into relative valuation models. In constructing the Fund's portfolio, GMO also considers position size, sector and industry exposure, market capitalization, liquidity, and transaction costs. GMO also may consider ESG (environmental, social, and governance) criteria. The Fund may invest in securities of companies of any market capitalization
Gmo US Value ETF trades on the ARCA stock market under the symbol GMOV.
As of September 29, 2026, GMOV stock price declined to $31.90 with 16,092 million shares trading.
GMOV has a market cap of $97.01 million. This is considered a Micro Cap stock.
GMOV has outperformed the market in the last year with a return of +22.3%, while the SPY ETF gained +16.6%. In the last 3 month period, GMOV beat the market returning +6.2%, while SPY returned +5.1%. However, in the most recent 2 weeks GMOV has underperformed the stock market by returning -3.4%, while SPY returned +0.7%.
GMOV support price is $31.75 and resistance is $32.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GMOV shares will trade within this expected range on the day.