FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Short Interest Update

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 6,430 shares, a decrease of 54.8% from the June 30th total of 14,227 shares. Based on an average daily trading volume, of 5,745 shares, the short-interest ratio is currently 1.1 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of QLV. JPMorgan Chase & Co. raised its holdings in FlexShares US Quality Low Volatility Index Fund by 25.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock worth $51,000 after purchasing an additional 144 shares in the last quarter. Cetera Investment Advisers boosted its stake in shares of FlexShares US Quality Low Volatility Index Fund by 4.3% during the 4th quarter. Cetera Investment Advisers now owns 5,143 shares of the company’s stock valued at $371,000 after purchasing an additional 214 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 6.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,137 shares of the company’s stock valued at $370,000 after buying an additional 292 shares during the period. Private Advisor Group LLC increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 2.4% during the first quarter. Private Advisor Group LLC now owns 18,119 shares of the company’s stock valued at $1,303,000 after buying an additional 419 shares during the period. Finally, Raymond James Financial Inc. bought a new position in FlexShares US Quality Low Volatility Index Fund in the second quarter worth about $61,000.

FlexShares US Quality Low Volatility Index Fund Stock Down 0.5%

Shares of QLV traded down $0.36 during trading hours on Wednesday, hitting $77.94. The company had a trading volume of 12,761 shares, compared to its average volume of 12,530. FlexShares US Quality Low Volatility Index Fund has a 52-week low of $68.13 and a 52-week high of $78.46. The stock’s 50 day moving average price is $76.12 and its 200 day moving average price is $74.52. The firm has a market cap of $163.67 million, a P/E ratio of 21.43 and a beta of 0.70.

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.