FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Down 0.3% – Should You Sell?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s share price were down 0.3% during trading on Monday. The company traded as low as $81.95 and last traded at $81.95. Approximately 7,018 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 11,687 shares. The stock had previously closed at $82.22.

FlexShares US Quality Low Volatility Index Fund Stock Up 1.7%

The stock has a market cap of $191.11 million, a P/E ratio of 21.43 and a beta of 0.66. The company has a 50-day simple moving average of $80.13 and a two-hundred day simple moving average of $76.44.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Peoples Financial Services CORP. purchased a new position in FlexShares US Quality Low Volatility Index Fund during the third quarter valued at $2,560,000. Curry Webb Wealth Management LLC bought a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the 1st quarter valued at $2,209,000. Diversify Advisory Services LLC bought a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the 3rd quarter valued at $1,794,000. Citadel Advisors LLC purchased a new stake in shares of FlexShares US Quality Low Volatility Index Fund in the 2nd quarter worth about $1,003,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of FlexShares US Quality Low Volatility Index Fund in the 3rd quarter worth about $996,000.

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.