iShares MSCI Qatar ETF (NASDAQ:QAT) Shares Up 0.9% – What’s Next?

iShares MSCI Qatar ETF (NASDAQ:QAT) shares traded up 0.9% during mid-day trading on Tuesday . The stock traded as high as $17.43 and last traded at $17.39. Approximately 6,213 shares changed hands during trading, a decline of 83% from the average session volume of 36,428 shares. The stock had previously closed at $17.23.

iShares MSCI Qatar ETF Trading Up 0.9%

The firm has a fifty day simple moving average of $17.58 and a 200 day simple moving average of $18.39. The stock has a market cap of $62.60 million, a price-to-earnings ratio of 11.93 and a beta of 0.38.

iShares MSCI Qatar ETF Announces Dividend

The company also recently disclosed a semiannual dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 15th were given a dividend of $0.624 per share. The ex-dividend date was Monday, June 15th. This represents a dividend yield of 674.0%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Citadel Advisors LLC acquired a new stake in iShares MSCI Qatar ETF during the second quarter worth $276,000. TD Waterhouse Canada Inc. raised its stake in shares of iShares MSCI Qatar ETF by 12.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 244,546 shares of the company’s stock valued at $4,422,000 after buying an additional 26,514 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of iShares MSCI Qatar ETF by 15.3% in the 1st quarter. Bank of New York Mellon Corp now owns 27,748 shares of the company’s stock valued at $516,000 after buying an additional 3,674 shares in the last quarter. Fifth Third Bancorp bought a new position in shares of iShares MSCI Qatar ETF during the 1st quarter worth about $1,052,000. Finally, Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares MSCI Qatar ETF by 28.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 19,433 shares of the company’s stock worth $361,000 after acquiring an additional 4,300 shares during the period.

About iShares MSCI Qatar ETF

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.