Fifth Third Bancorp Takes $1.05 Million Position in iShares MSCI Qatar ETF $QAT

Fifth Third Bancorp acquired a new position in shares of iShares MSCI Qatar ETF (NASDAQ:QAT) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 56,559 shares of the company’s stock, valued at approximately $1,052,000. Fifth Third Bancorp owned about 1.14% of iShares MSCI Qatar ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in iShares MSCI Qatar ETF during the second quarter worth about $33,000. Sumitomo Mitsui Trust Group Inc. increased its position in shares of iShares MSCI Qatar ETF by 28.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 19,433 shares of the company’s stock valued at $361,000 after purchasing an additional 4,300 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of iShares MSCI Qatar ETF by 3.5% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 174,669 shares of the company’s stock valued at $3,287,000 after buying an additional 5,913 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of iShares MSCI Qatar ETF by 58.8% during 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. Finally, Flow Traders U.S. LLC lifted its position 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 worth $632,000 after buying an additional 11,747 shares during the last quarter.

iShares MSCI Qatar ETF Price Performance

Shares of QAT opened at $17.53 on Friday. The firm has a market cap of $64.86 million, a P/E ratio of 11.93 and a beta of 0.39. The stock has a 50 day simple moving average of $18.31 and a two-hundred day simple moving average of $18.92. iShares MSCI Qatar ETF has a 1 year low of $17.46 and a 1 year high of $20.64.

iShares MSCI Qatar ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 15th were issued a $0.624 dividend. The ex-dividend date was Monday, June 15th.

About iShares MSCI Qatar ETF

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.