FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Up 0.5% – Should You Buy?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) shares traded up 0.5% during mid-day trading on Tuesday . The stock traded as high as $74.62 and last traded at $74.62. 6,535 shares changed hands during mid-day trading, a decline of 19% from the average session volume of 8,057 shares. The stock had previously closed at $74.27.

FlexShares US Quality Low Volatility Index Fund Price Performance

The firm has a market capitalization of $147.97 million, a price-to-earnings ratio of 21.43 and a beta of 0.76. The business’s 50 day moving average price is $73.29 and its 200-day moving average price is $72.08.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its stake 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 acquiring an additional 144 shares during the period. Cetera Investment Advisers boosted its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 4.3% during the fourth quarter. Cetera Investment Advisers now owns 5,143 shares of the company’s stock worth $371,000 after purchasing an additional 214 shares during the last quarter. Wealthcare Advisory Partners LLC increased its stake in FlexShares US Quality Low Volatility Index Fund by 6.0% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,137 shares of the company’s stock valued at $370,000 after purchasing an additional 292 shares during the last quarter. Private Advisor Group LLC lifted its position in FlexShares US Quality Low Volatility Index Fund by 3.8% during the third quarter. Private Advisor Group LLC now owns 14,684 shares of the company’s stock worth $1,056,000 after buying an additional 544 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in FlexShares US Quality Low Volatility Index Fund in the 2nd quarter worth about $61,000.

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.