iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Short Interest Update

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 101,940 shares, a growth of 291.0% from the January 29th total of 26,070 shares. Based on an average trading volume of 417,068 shares, the short-interest ratio is presently 0.2 days. Approximately 1.2% of the shares of the company are short sold. Approximately 1.2% of the shares of the company are short sold. Based on an average trading volume of 417,068 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of iShares Nasdaq Top 30 Stocks ETF

A number of hedge funds have recently modified their holdings of QTOP. Stratos Wealth Advisors LLC raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 46,548 shares of the company’s stock valued at $1,447,000 after purchasing an additional 665 shares in the last quarter. EFG International AG bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the 4th quarter worth about $32,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 2nd quarter valued at about $48,000. Private Trust Co. NA raised its position in iShares Nasdaq Top 30 Stocks ETF by 100.8% in the third quarter. Private Trust Co. NA now owns 4,097 shares of the company’s stock worth $127,000 after purchasing an additional 2,057 shares in the last quarter. Finally, Magnolia Capital Advisors LLC boosted its holdings in iShares Nasdaq Top 30 Stocks ETF by 22.7% during the fourth quarter. Magnolia Capital Advisors LLC now owns 11,738 shares of the company’s stock valued at $375,000 after purchasing an additional 2,172 shares in the last quarter.

iShares Nasdaq Top 30 Stocks ETF Stock Down 0.4%

QTOP opened at $31.30 on Friday. The stock’s 50 day moving average price is $31.97 and its two-hundred day moving average price is $31.46. The firm has a market capitalization of $269.18 million, a P/E ratio of 33.35 and a beta of 1.34. iShares Nasdaq Top 30 Stocks ETF has a 12-month low of $20.33 and a 12-month high of $33.24.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a dividend of $0.0315 per share. This represents a $0.13 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Tuesday, December 16th. This is a positive change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.03.

iShares Nasdaq Top 30 Stocks ETF Company Profile

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.