FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Down 0% – What’s Next?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s stock price were down 0% on Wednesday . The company traded as low as $74.09 and last traded at $74.16. Approximately 10,450 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 15,530 shares. The stock had previously closed at $74.19.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The stock has a 50-day simple moving average of $73.34 and a two-hundred day simple moving average of $72.80. The firm has a market cap of $169.72 million, a PE ratio of 21.43 and a beta of 0.71.

Hedge Funds Weigh In On FlexShares US Quality Low Volatility Index Fund

Hedge funds have recently bought and sold shares of the business. Cetera Investment Advisers increased its position 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 during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the 4th quarter valued at about $90,000. Citadel Advisors LLC increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 45.9% during the 3rd quarter. Citadel Advisors LLC now owns 9,649 shares of the company’s stock valued at $694,000 after purchasing an additional 3,035 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 25.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock valued at $51,000 after purchasing an additional 144 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 15.3% during the 2nd quarter. Osaic Holdings Inc. now owns 8,780 shares of the company’s stock valued at $598,000 after purchasing an additional 1,168 shares during the last quarter.

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.