iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP – Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $35.63 and traded as high as $35.95. iShares Nasdaq Top 30 Stocks ETF shares last traded at $35.64, with a volume of 399,118 shares changing hands.
iShares Nasdaq Top 30 Stocks ETF Trading Up 2.5%
The company has a market capitalization of $384.91 million, a price-to-earnings ratio of 26.77 and a beta of 1.44. The business’s 50 day moving average price is $37.73 and its two-hundred day moving average price is $35.63.
iShares Nasdaq Top 30 Stocks ETF Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Tuesday, September 15th were paid a $0.0281 dividend. This represents a $0.11 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Tuesday, September 15th. This is a negative change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.0337.
Institutional Trading of iShares Nasdaq Top 30 Stocks ETF
A number of hedge funds have recently added to or reduced their stakes in QTOP. TD Waterhouse Canada Inc. grew its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 315.0% during the second quarter. TD Waterhouse Canada Inc. now owns 1,552 shares of the company’s stock worth $59,000 after buying an additional 1,178 shares during the last quarter. Csenge Advisory Group bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the 3rd quarter valued at $245,000. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 3rd quarter valued at $281,000. Cibc World Market Inc. acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 3rd quarter valued at $476,000. Finally, Mascagni Wealth Management Inc. acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 1st quarter valued at $368,000.
About iShares Nasdaq Top 30 Stocks ETF
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.
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