Short Interest in iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Grows By 53.8%

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 18,108 shares, an increase of 53.8% from the March 15th total of 11,776 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily volume of 164,393 shares, the days-to-cover ratio is presently 0.1 days.

iShares Nasdaq Top 30 Stocks ETF Stock Up 1.5%

Shares of iShares Nasdaq Top 30 Stocks ETF stock opened at $33.51 on Thursday. The company has a market cap of $243.95 million, a PE ratio of 33.35 and a beta of 1.16. iShares Nasdaq Top 30 Stocks ETF has a 52 week low of $21.59 and a 52 week high of $33.51. The business has a 50 day moving average price of $31.10 and a 200-day moving average price of $31.66.

iShares Nasdaq Top 30 Stocks ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Tuesday, March 17th were paid a $0.0302 dividend. The ex-dividend date of this dividend was Tuesday, March 17th. This represents a $0.12 annualized dividend and a dividend yield of 0.4%.

Institutional Trading of iShares Nasdaq Top 30 Stocks ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Diversify Advisory Services LLC raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 45.7% in the fourth quarter. Diversify Advisory Services LLC now owns 66,685 shares of the company’s stock worth $2,155,000 after purchasing an additional 20,929 shares during the last quarter. Thoroughbred Financial Services LLC raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 23.3% in the third quarter. Thoroughbred Financial Services LLC now owns 366,243 shares of the company’s stock worth $11,386,000 after purchasing an additional 69,197 shares during the last quarter. Stratos Wealth Advisors LLC raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 1.4% in the third quarter. Stratos Wealth Advisors LLC now owns 46,548 shares of the company’s stock worth $1,447,000 after purchasing an additional 665 shares during the last quarter. Private Trust Co. NA raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 100.8% in the third quarter. Private Trust Co. NA now owns 4,097 shares of the company’s stock worth $127,000 after purchasing an additional 2,057 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of iShares Nasdaq Top 30 Stocks ETF by 264.8% in the third quarter. Bank of America Corp DE now owns 77,884 shares of the company’s stock worth $2,421,000 after purchasing an additional 56,532 shares during the last quarter.

iShares Nasdaq Top 30 Stocks ETF Company Profile

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.