iShares MSCI Qatar ETF (NASDAQ:QAT) Stock Price Down 0.5% – Here’s What Happened

Shares of iShares MSCI Qatar ETF (NASDAQ:QATGet Free Report) were down 0.5% on Monday . The company traded as low as $17.56 and last traded at $17.62. Approximately 46,345 shares traded hands during trading, an increase of 18% from the average session volume of 39,311 shares. The stock had previously closed at $17.70.

iShares MSCI Qatar ETF Stock Performance

The company has a market capitalization of $65.19 million, a price-to-earnings ratio of 11.93 and a beta of 0.39. The business’s 50 day moving average is $18.40 and its 200 day moving average is $18.95.

iShares MSCI Qatar ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, June 22nd. Investors of record on Monday, June 15th were paid a $0.624 dividend. The ex-dividend date was Monday, June 15th.

Institutional Trading of iShares MSCI Qatar ETF

Several large investors have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in iShares MSCI Qatar ETF in the first quarter valued at approximately $391,000. Jane Street Group LLC boosted its holdings in shares of iShares MSCI Qatar ETF by 57.7% in the 1st quarter. Jane Street Group LLC now owns 51,125 shares of the company’s stock valued at $912,000 after acquiring an additional 18,714 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Qatar ETF by 1,090.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 216,306 shares of the company’s stock valued at $4,028,000 after acquiring an additional 198,137 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Qatar ETF in the second quarter worth $33,000. Finally, Victory Capital Management Inc. acquired a new position in iShares MSCI Qatar ETF during the third quarter valued at $405,000.

iShares MSCI Qatar ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for iShares MSCI Qatar ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Qatar ETF and related companies with MarketBeat.com's FREE daily email newsletter.