iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Shares Down 0.1% – Should You Sell?

Shares of iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOPGet Free Report) traded down 0.1% on Friday . The company traded as low as $37.90 and last traded at $38.04. Approximately 78,336 shares traded hands during trading, a decline of 59% from the average session volume of 192,042 shares. The stock had previously closed at $38.09.

iShares Nasdaq Top 30 Stocks ETF Trading Down 0.1%

The stock has a 50 day moving average of $37.31 and a 200-day moving average of $34.76. The company has a market capitalization of $295.19 million, a P/E ratio of 33.35 and a beta of 1.41.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a dividend of $0.0337 per share. This represents a $0.13 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Monday, June 15th. This is a positive change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.03.

Hedge Funds Weigh In On iShares Nasdaq Top 30 Stocks ETF

A number of hedge funds have recently modified their holdings of the company. EFG International AG purchased a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the fourth quarter worth $32,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 2nd quarter valued at $48,000. Sound Income Strategies LLC purchased a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the 1st quarter valued at $57,000. Steward Partners Investment Advisory LLC purchased a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the 4th quarter valued at $109,000. Finally, MML Investors Services LLC bought a new position in iShares Nasdaq Top 30 Stocks ETF in the 4th quarter worth $361,000.

About iShares Nasdaq Top 30 Stocks ETF

(Get Free Report)

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.

Further Reading

Receive News & Ratings for iShares Nasdaq Top 30 Stocks ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Nasdaq Top 30 Stocks ETF and related companies with MarketBeat.com's FREE daily email newsletter.