iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Short Interest Update

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 101,940 shares, a growth of 291.0% from the January 29th total of 26,070 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average trading volume of 417,068 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 417,068 shares, the short-interest ratio is currently 0.2 days. Currently, 1.2% of the company’s shares are sold short.

iShares Nasdaq Top 30 Stocks ETF Stock Performance

Shares of NASDAQ QTOP opened at $31.96 on Thursday. iShares Nasdaq Top 30 Stocks ETF has a 52-week low of $20.33 and a 52-week high of $33.24. The stock has a market cap of $274.86 million, a P/E ratio of 33.35 and a beta of 1.34. The firm has a 50 day moving average price of $31.99 and a 200 day moving average price of $31.45.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were given a $0.0315 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.4%. This is an increase from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.03.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in QTOP. EFG International AG bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the fourth quarter worth about $32,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the 2nd quarter valued at approximately $48,000. Steward Partners Investment Advisory LLC acquired a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the 4th quarter valued at approximately $109,000. Private Trust Co. NA increased its stake in iShares Nasdaq Top 30 Stocks ETF by 100.8% during the 3rd quarter. Private Trust Co. NA now owns 4,097 shares of the company’s stock worth $127,000 after purchasing an additional 2,057 shares in the last quarter. Finally, Magnolia Capital Advisors LLC acquired a new stake in iShares Nasdaq Top 30 Stocks ETF during the 2nd quarter worth approximately $270,000.

About iShares Nasdaq Top 30 Stocks ETF

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.