FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Trading Up 0.5% – Should You Buy?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s stock price traded up 0.5% on Tuesday . The stock traded as high as $74.62 and last traded at $74.62. 6,535 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 8,057 shares. The stock had previously closed at $74.27.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The business’s 50 day simple moving average is $73.18 and its 200-day simple moving average is $72.05. The stock has a market capitalization of $147.75 million, a price-to-earnings ratio of 21.43 and a beta of 0.76.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

Several large investors have recently added to or reduced their stakes in QLV. Cetera Investment Advisers grew its stake in shares of FlexShares US Quality Low Volatility Index Fund by 4.3% in the fourth quarter. Cetera Investment Advisers now owns 5,143 shares of the company’s stock worth $371,000 after purchasing an additional 214 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of FlexShares US Quality Low Volatility Index Fund during the fourth quarter valued at about $90,000. Citadel Advisors LLC lifted its holdings in FlexShares US Quality Low Volatility Index Fund by 45.9% in the third quarter. Citadel Advisors LLC now owns 9,649 shares of the company’s stock worth $694,000 after purchasing an additional 3,035 shares during the period. JPMorgan Chase & Co. grew its position in FlexShares US Quality Low Volatility Index Fund by 25.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock valued at $51,000 after buying an additional 144 shares in the last quarter. Finally, Osaic Holdings Inc. grew its position in FlexShares US Quality Low Volatility Index Fund by 15.3% in the 2nd quarter. Osaic Holdings Inc. now owns 8,780 shares of the company’s stock valued at $598,000 after buying an additional 1,168 shares in 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.