iShares MSCI Qatar ETF (NASDAQ:QAT) Trading Down 0.6% – Should You Sell?

iShares MSCI Qatar ETF (NASDAQ:QAT) shares traded down 0.6% during mid-day trading on Wednesday . The company traded as low as $18.77 and last traded at $18.89. 15,655 shares were traded during trading, an increase of 22% from the average session volume of 12,868 shares. The stock had previously closed at $19.01.

iShares MSCI Qatar ETF Stock Performance

The stock has a 50 day moving average price of $19.60 and a two-hundred day moving average price of $19.44. The company has a market capitalization of $68.95 million, a PE ratio of 11.93 and a beta of 0.43.

iShares MSCI Qatar ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, December 22nd. Shareholders of record on Tuesday, December 16th were given a $0.2267 dividend. This represents a yield of 242.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

A number of large investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. increased its holdings in shares of iShares MSCI Qatar ETF by 14.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 158,714 shares of the company’s stock valued at $2,941,000 after acquiring an additional 19,698 shares during the last quarter. Rhumbline Advisers boosted its position in iShares MSCI Qatar ETF by 42.5% during the second quarter. Rhumbline Advisers now owns 109,684 shares of the company’s stock worth $2,042,000 after purchasing an additional 32,737 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in iShares MSCI Qatar ETF by 3.5% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 174,669 shares of the company’s stock valued at $3,287,000 after purchasing an additional 5,913 shares during the last quarter. Mackenzie Financial Corp acquired a new position in iShares MSCI Qatar ETF during the fourth quarter valued at approximately $434,000. Finally, Jane Street Group LLC raised its position in shares of iShares MSCI Qatar ETF by 54.3% in the fourth quarter. Jane Street Group LLC now owns 60,306 shares of the company’s stock valued at $1,135,000 after purchasing an additional 21,221 shares during the period.

About iShares MSCI Qatar ETF

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.