iShares Nasdaq Top 30 Stocks ETF $QTOP Shares Purchased by Thoroughbred Financial Services LLC

Thoroughbred Financial Services LLC lifted its position in shares of iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) by 23.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 366,243 shares of the company’s stock after acquiring an additional 69,197 shares during the quarter. iShares Nasdaq Top 30 Stocks ETF accounts for about 0.7% of Thoroughbred Financial Services LLC’s holdings, making the stock its 29th biggest position. Thoroughbred Financial Services LLC owned about 5.48% of iShares Nasdaq Top 30 Stocks ETF worth $11,386,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of QTOP. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the second quarter valued at approximately $48,000. Private Trust Co. NA grew its holdings 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 valued at $127,000 after buying an additional 2,057 shares during the last quarter. Magnolia Capital Advisors LLC purchased a new position in iShares Nasdaq Top 30 Stocks ETF during the second quarter worth $270,000. Bank of America Corp DE purchased a new position in iShares Nasdaq Top 30 Stocks ETF during the second quarter worth $603,000. Finally, Jane Street Group LLC acquired a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the first quarter worth $797,000.

iShares Nasdaq Top 30 Stocks ETF Stock Performance

QTOP stock opened at $31.47 on Wednesday. The stock has a market capitalization of $270.64 million, a P/E ratio of 33.35 and a beta of 1.34. iShares Nasdaq Top 30 Stocks ETF has a one year low of $20.33 and a one year high of $33.24. The company has a 50 day moving average price of $31.97 and a two-hundred day moving average price of $31.44.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

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

iShares Nasdaq Top 30 Stocks ETF Profile

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.