FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Up 0.4% – What’s Next?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) were up 0.4% on Tuesday . The company traded as high as $75.60 and last traded at $75.49. Approximately 2,364 shares were traded during trading, a decline of 83% from the average daily volume of 13,640 shares. The stock had previously closed at $75.19.

FlexShares US Quality Low Volatility Index Fund Stock Up 0.4%

The company’s fifty day moving average price is $75.11 and its 200-day moving average price is $73.81. The stock has a market capitalization of $172.12 million, a PE ratio of 21.43 and a beta of 0.70.

Institutional Investors Weigh In On FlexShares US Quality Low Volatility Index Fund

Several hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 39.6% during the second quarter. Bank of America Corp DE now owns 391,583 shares of the company’s stock valued at $26,667,000 after acquiring an additional 110,994 shares in the last quarter. United Bank boosted its stake in FlexShares US Quality Low Volatility Index Fund by 5.2% in the 1st quarter. United Bank now owns 44,862 shares of the company’s stock worth $3,225,000 after purchasing an additional 2,201 shares in the last quarter. Curry Webb Wealth Management LLC purchased a new stake in FlexShares US Quality Low Volatility Index Fund during the 1st quarter valued at about $2,209,000. Private Advisor Group LLC grew its position in FlexShares US Quality Low Volatility Index Fund by 2.4% during the 1st quarter. Private Advisor Group LLC now owns 18,119 shares of the company’s stock valued at $1,303,000 after purchasing an additional 419 shares during the last quarter. Finally, Rossby Financial LCC purchased a new stake in FlexShares US Quality Low Volatility Index Fund during the 4th quarter valued at about $1,161,000.

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.