FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Trading Down 0.3% – Here’s What Happened

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s stock price fell 0.3% during trading on Tuesday . The stock traded as low as $72.41 and last traded at $72.54. 2,111 shares traded hands during trading, a decline of 77% from the average session volume of 9,376 shares. The stock had previously closed at $72.78.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The company’s 50 day simple moving average is $72.16 and its 200-day simple moving average is $70.99. The firm has a market capitalization of $141.45 million, a PE ratio of 21.43 and a beta of 0.76.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 25.8% in the third quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock worth $51,000 after buying an additional 144 shares during the period. Citadel Advisors LLC increased its holdings in FlexShares US Quality Low Volatility Index Fund by 45.9% during the 3rd quarter. Citadel Advisors LLC now owns 9,649 shares of the company’s stock valued at $694,000 after purchasing an additional 3,035 shares during the period. Private Advisor Group LLC raised its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 3.8% during the third quarter. Private Advisor Group LLC now owns 14,684 shares of the company’s stock valued at $1,056,000 after acquiring an additional 544 shares in the last quarter. Rossmore Private Capital purchased a new stake in shares of FlexShares US Quality Low Volatility Index Fund in the 3rd quarter worth about $72,000. Finally, Peoples Financial Services CORP. lifted its holdings in FlexShares US Quality Low Volatility Index Fund by 2.9% in the third quarter. Peoples Financial Services CORP. now owns 34,149 shares of the company’s stock worth $2,457,000 after buying an additional 964 shares during the period.

FlexShares US Quality Low Volatility Index Fund Company Profile

The FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, market-cap-weighted index of US large- and mid-cap equities. QLV was launched on Jul 15, 2019 and is managed by FlexShares.