Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) Shares Up 0.7% – Time to Buy?

Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) shot up 0.7% during mid-day trading on Tuesday . The company traded as high as $29.92 and last traded at $29.8790. 176 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 1,310 shares. The stock had previously closed at $29.66.

Global X NASDAQ 100 Tail Risk ETF Trading Up 0.7%

The company has a market cap of $2.99 million, a PE ratio of 33.07 and a beta of 0.98. The business’s 50 day moving average is $31.45 and its two-hundred day moving average is $34.04.

Global X NASDAQ 100 Tail Risk ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, January 7th. Stockholders of record on Tuesday, December 30th were given a $5.6311 dividend. This represents a dividend yield of 3,668.0%. The ex-dividend date was Tuesday, December 30th.

Institutional Trading of Global X NASDAQ 100 Tail Risk ETF

A hedge fund recently bought a new stake in Global X NASDAQ 100 Tail Risk ETF stock. MML Investors Services LLC purchased a new position in Global X NASDAQ 100 Tail Risk ETF (NASDAQ:QTR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 7,194 shares of the company’s stock, valued at approximately $219,000. MML Investors Services LLC owned approximately 7.19% of Global X NASDAQ 100 Tail Risk ETF as of its most recent SEC filing.

Global X NASDAQ 100 Tail Risk ETF Company Profile

The Global X NASDAQ 100 Tail Risk ETF (QTR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of NASDAQ 100 stocks and aims to protect the fund from significant negative movements or tail risk by purchasing quarterly Index put options. QTR was launched on Aug 25, 2021 and is managed by Global X.