FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV – Get Rating)’s share price shot up 0.3% during trading on Friday . The stock traded as high as $51.92 and last traded at $51.89. 4,012 shares traded hands during trading, a decline of 79% from the average session volume of 18,887 shares. The stock had previously closed at $51.72.
FlexShares US Quality Low Volatility Index Fund Stock Up 0.3 %
The stock has a market cap of $181.62 million, a PE ratio of 25.59 and a beta of 0.84. The firm has a 50 day moving average price of $50.72 and a 200 day moving average price of $50.19.
Hedge Funds Weigh In On FlexShares US Quality Low Volatility Index Fund
Several institutional investors and hedge funds have recently added to or reduced their stakes in QLV. Concourse Financial Group Securities Inc. purchased a new position in FlexShares US Quality Low Volatility Index Fund in the fourth quarter valued at about $28,000. IFP Advisors Inc purchased a new position in FlexShares US Quality Low Volatility Index Fund in the third quarter valued at about $40,000. UBS Group AG grew its stake in FlexShares US Quality Low Volatility Index Fund by 5,978.9% in the fourth quarter. UBS Group AG now owns 1,155 shares of the company’s stock valued at $58,000 after purchasing an additional 1,136 shares during the last quarter. Captrust Financial Advisors grew its stake in FlexShares US Quality Low Volatility Index Fund by 379.5% in the second quarter. Captrust Financial Advisors now owns 1,424 shares of the company’s stock valued at $70,000 after purchasing an additional 1,127 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC purchased a new position in FlexShares US Quality Low Volatility Index Fund in the fourth quarter valued at about $435,000.
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.
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