iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Stock Short Interest Report for September

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) saw a significant decrease in short interest in September. As of September 30th, there was short interest totaling 83,358 shares, a decrease of 54.7% from the September 15th total of 184,207 shares. Based on an average daily volume of 180,368 shares, the short-interest ratio is currently 0.5 days. Approximately 0.9% of the shares of the stock are short sold.

Institutional Investors Weigh In On iShares Nasdaq Top 30 Stocks ETF

Several hedge funds and other institutional investors have recently made changes to their positions in QTOP. Citadel Advisors LLC bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the second quarter worth $2,336,000. TD Waterhouse Canada Inc. boosted its holdings in iShares Nasdaq Top 30 Stocks ETF by 315.0% in the second quarter. TD Waterhouse Canada Inc. now owns 1,552 shares of the company’s stock valued at $59,000 after acquiring an additional 1,178 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the first quarter worth about $368,000. Cetera Investment Advisers increased its position in iShares Nasdaq Top 30 Stocks ETF by 26.5% in the first quarter. Cetera Investment Advisers now owns 27,238 shares of the company’s stock worth $815,000 after purchasing an additional 5,699 shares during the period. Finally, Diversify Wealth Management LLC acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the first quarter worth about $1,871,000.

iShares Nasdaq Top 30 Stocks ETF Trading Down 2.2%

Shares of QTOP traded down $0.88 during mid-day trading on Wednesday, hitting $38.45. 265,828 shares of the company traded hands, compared to its average volume of 183,515. iShares Nasdaq Top 30 Stocks ETF has a one year low of $28.71 and a one year high of $40.50. The business has a 50-day moving average of $38.12 and a 200 day moving average of $36.85. The stock has a market capitalization of $347.59 million, a price-to-earnings ratio of 33.35 and a beta of 1.38.

iShares Nasdaq Top 30 Stocks ETF Cuts Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Tuesday, September 15th. This represents a $0.11 annualized dividend and a yield of 0.3%. This is a negative change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.0337.

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.