FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Up 0.5% – Here’s What Happened

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s share price traded up 0.5% on Tuesday . The company traded as high as $79.95 and last traded at $79.87. 13,045 shares changed hands during mid-day trading, an increase of 9% from the average session volume of 12,000 shares. The stock had previously closed at $79.48.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The company has a 50 day moving average of $77.07 and a two-hundred day moving average of $75.15. The stock has a market capitalization of $167.73 million, a PE ratio of 21.43 and a beta of 0.69.

Institutional Investors Weigh In On FlexShares US Quality Low Volatility Index Fund

Institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. acquired a new position in shares of FlexShares US Quality Low Volatility Index Fund during the second quarter valued at about $38,000. Raymond James Financial Inc. acquired a new stake in FlexShares US Quality Low Volatility Index Fund in the 2nd quarter worth approximately $61,000. Kestra Advisory Services LLC acquired a new stake in FlexShares US Quality Low Volatility Index Fund in the 4th quarter worth approximately $90,000. Alpha Capital Advisors Inc. ADV purchased a new stake in FlexShares US Quality Low Volatility Index Fund during the 4th quarter worth approximately $247,000. Finally, Cetera Investment Advisers purchased a new stake in FlexShares US Quality Low Volatility Index Fund during the 2nd quarter worth approximately $342,000.

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.