FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Down 0.4% – Here’s Why

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) traded down 0.4% during trading on Tuesday . The company traded as low as $64.96 and last traded at $65.02. 3,732 shares were traded during trading, an increase of 2% from the average session volume of 3,658 shares. The stock had previously closed at $65.29.

FlexShares US Quality Low Volatility Index Fund Trading Down 0.4 %

The business has a fifty day moving average price of $66.73 and a two-hundred day moving average price of $65.46. The company has a market cap of $161.25 million, a price-to-earnings ratio of 25.39 and a beta of 0.70.

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

Institutional investors and hedge funds have recently modified their holdings of the business. Beam Wealth Advisors Inc. bought a new stake in FlexShares US Quality Low Volatility Index Fund during the second quarter valued at about $939,000. Axxcess Wealth Management LLC bought a new stake in FlexShares US Quality Low Volatility Index Fund during the 2nd quarter valued at approximately $1,659,000. Colonial River Investments LLC boosted its stake in FlexShares US Quality Low Volatility Index Fund by 1.0% during the 3rd quarter. Colonial River Investments LLC now owns 26,924 shares of the company’s stock valued at $1,790,000 after purchasing an additional 274 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in FlexShares US Quality Low Volatility Index Fund by 8.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 67,664 shares of the company’s stock valued at $4,218,000 after buying an additional 5,060 shares during the last quarter.

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.