Shares of iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $35.63 and traded as high as $35.95. iShares Nasdaq Top 30 Stocks ETF shares last traded at $35.64, with a volume of 399,118 shares trading hands.
iShares Nasdaq Top 30 Stocks ETF Stock Up 2.5%
The company has a 50 day moving average price of $37.73 and a 200-day moving average price of $35.63. The company has a market cap of $384.91 million, a price-to-earnings ratio of 26.77 and a beta of 1.44.
iShares Nasdaq Top 30 Stocks ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Tuesday, September 15th were issued a dividend of $0.0281 per share. This represents a $0.11 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a negative change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.0337.
Hedge Funds Weigh In On iShares Nasdaq Top 30 Stocks ETF
Several large investors have recently modified their holdings of QTOP. Thoroughbred Financial Services LLC bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the third quarter valued at $11,402,000. Diversify Advisory Services LLC grew its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 24.8% in the third quarter. Diversify Advisory Services LLC now owns 91,785 shares of the company’s stock worth $3,509,000 after purchasing an additional 18,236 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the second quarter worth $2,336,000. Diversify Wealth Management LLC acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the first quarter valued at $1,871,000. Finally, Private Advisor Group LLC acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the third quarter valued at $1,677,000.
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.
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