FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Down 0.1% – Time to Sell?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s share price traded down 0.1% during mid-day trading on Tuesday . The company traded as low as $76.81 and last traded at $76.96. 7,475 shares changed hands during trading, a decline of 42% from the average daily volume of 12,866 shares. The stock had previously closed at $77.04.

FlexShares US Quality Low Volatility Index Fund Stock Down 0.1%

The firm has a market capitalization of $161.62 million, a P/E ratio of 21.43 and a beta of 0.70. The company’s 50 day moving average is $75.91 and its 200-day moving average is $74.30.

Hedge Funds Weigh In On FlexShares US Quality Low Volatility Index Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. acquired a new stake in shares of FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at about $38,000. Raymond James Financial Inc. acquired a new position in FlexShares US Quality Low Volatility Index Fund during the 2nd quarter worth approximately $61,000. Kestra Advisory Services LLC bought a new position in FlexShares US Quality Low Volatility Index Fund in the fourth quarter worth approximately $90,000. Alpha Capital Advisors Inc. ADV bought a new position in FlexShares US Quality Low Volatility Index Fund in the fourth quarter worth approximately $247,000. Finally, Cetera Investment Advisers bought a new position in FlexShares US Quality Low Volatility Index Fund in the second 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.