JPMorgan Chase & Co. Trims Stake in iShares MSCI Qatar ETF $QAT

JPMorgan Chase & Co. lowered its stake in iShares MSCI Qatar ETF (NASDAQ:QAT) by 56.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 94,081 shares of the company’s stock after selling 122,225 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.51% of iShares MSCI Qatar ETF worth $1,837,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in iShares MSCI Qatar ETF by 58.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,636 shares of the company’s stock valued at $618,000 after buying an additional 11,710 shares in the last quarter. Flow Traders U.S. LLC lifted its stake in iShares MSCI Qatar ETF by 57.0% in the 3rd quarter. Flow Traders U.S. LLC now owns 32,360 shares of the company’s stock valued at $632,000 after buying an additional 11,747 shares in the last quarter. Victory Capital Management Inc. purchased a new stake in iShares MSCI Qatar ETF in the 3rd quarter valued at approximately $405,000. Rhumbline Advisers lifted its stake in iShares MSCI Qatar ETF by 12.6% in the 3rd quarter. Rhumbline Advisers now owns 123,539 shares of the company’s stock valued at $2,413,000 after buying an additional 13,855 shares in the last quarter. Finally, TD Waterhouse Canada Inc. lifted its stake in iShares MSCI Qatar ETF by 10.3% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 175,045 shares of the company’s stock valued at $3,400,000 after buying an additional 16,331 shares in the last quarter.

iShares MSCI Qatar ETF Stock Performance

QAT stock opened at $18.52 on Wednesday. iShares MSCI Qatar ETF has a 1 year low of $17.09 and a 1 year high of $20.64. The stock’s 50 day moving average price is $19.22 and its 200 day moving average price is $19.21. The firm has a market cap of $83.34 million, a P/E ratio of 11.93 and a beta of 0.41.

iShares MSCI Qatar ETF Company Profile

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.