iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Shares Down 0.6% – Time to Sell?

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) traded down 0.6% on Thursday . The stock traded as low as $27.62 and last traded at $27.6340. 202 shares were traded during mid-day trading, a decline of 86% from the average session volume of 1,430 shares. The stock had previously closed at $27.80.

iShares Nasdaq-100 ex Top 30 ETF Stock Up 0.1%

The company has a market capitalization of $16.62 million, a P/E ratio of 27.80 and a beta of 1.47. The business has a 50 day simple moving average of $27.88 and a 200-day simple moving average of $27.46.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a dividend of $0.0613 per share. This represents a $0.25 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Tuesday, December 16th. This is a positive change from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04.

Institutional Investors Weigh In On iShares Nasdaq-100 ex Top 30 ETF

An institutional investor recently bought a new position in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC purchased a new stake in shares of iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 8,506 shares of the company’s stock, valued at approximately $225,000. Insigneo Advisory Services LLC owned about 1.42% of iShares Nasdaq-100 ex Top 30 ETF at the end of the most recent quarter.

About iShares Nasdaq-100 ex Top 30 ETF

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that is based on the Nasdaq-100 ex Top 30 index. The fund seeks to follow an index of the 31st to 100th largest Nasdaq-100 Index companies by market-cap. The funds holdings are weighted by market-cap QNXT was launched on Oct 23, 2024 and is issued by BlackRock.