FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Down 0.1% – What’s Next?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s stock price dropped 0.1% on Tuesday . The company traded as low as $76.81 and last traded at $76.96. 7,475 shares traded hands during trading, a decline of 42% from the average daily volume of 12,866 shares. The stock had previously closed at $77.04.

FlexShares US Quality Low Volatility Index Fund Trading Down 0.1%

The firm’s 50-day moving average is $75.91 and its 200-day moving average is $74.30. The firm has a market cap of $161.62 million, a price-to-earnings ratio of 21.43 and a beta of 0.70.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in QLV. JPMorgan Chase & Co. lifted its position in shares of FlexShares US Quality Low Volatility Index Fund by 25.8% during the third quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock valued at $51,000 after purchasing an additional 144 shares in the last quarter. Cetera Investment Advisers grew its position in FlexShares US Quality Low Volatility Index Fund by 4.3% in the 4th quarter. Cetera Investment Advisers now owns 5,143 shares of the company’s stock worth $371,000 after purchasing an additional 214 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in FlexShares US Quality Low Volatility Index Fund by 6.0% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 5,137 shares of the company’s stock worth $370,000 after purchasing an additional 292 shares in the last quarter. Private Advisor Group LLC grew its position in FlexShares US Quality Low Volatility Index Fund by 2.4% in the 1st quarter. Private Advisor Group LLC now owns 18,119 shares of the company’s stock worth $1,303,000 after purchasing an additional 419 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at 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.