FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Down 0.2% – Time to Sell?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s share price traded down 0.2% on Tuesday . The stock traded as low as $73.54 and last traded at $73.69. 9,242 shares changed hands during trading, an increase of 18% from the average session volume of 7,852 shares. The stock had previously closed at $73.84.

FlexShares US Quality Low Volatility Index Fund Price Performance

The stock has a 50 day moving average of $72.61 and a 200 day moving average of $71.49. The firm has a market cap of $145.91 million, a P/E ratio of 21.43 and a beta of 0.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. grew its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 25.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 702 shares of the company’s stock valued at $51,000 after purchasing an additional 144 shares during the last quarter. Wealthcare Advisory Partners LLC grew its stake in shares of FlexShares US Quality Low Volatility Index Fund by 6.0% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 5,137 shares of the company’s stock valued at $370,000 after buying an additional 292 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of FlexShares US Quality Low Volatility Index Fund by 3.8% during the third quarter. Private Advisor Group LLC now owns 14,684 shares of the company’s stock valued at $1,056,000 after buying an additional 544 shares during the last quarter. Axxcess Wealth Management LLC increased its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 6.9% in the second quarter. Axxcess Wealth Management LLC now owns 10,056 shares of the company’s stock worth $685,000 after buying an additional 648 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at about $61,000.

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.