iShares MSCI Qatar ETF (NASDAQ:QAT) Shares Down 0.3%

iShares MSCI Qatar ETF (NASDAQ:QAT)’s share price traded down 0.3% on Tuesday . The company traded as low as $16.93 and last traded at $17.00. 7,954 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 22,523 shares. The stock had previously closed at $17.05.

iShares MSCI Qatar ETF Price Performance

The company has a market capitalization of $77.35 million, a price-to-earnings ratio of 10.78 and a beta of 0.48. The firm’s fifty day moving average price is $16.94 and its 200-day moving average price is $17.43.

iShares MSCI Qatar ETF Dividend Announcement

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were issued a $0.7702 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

Several hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. lifted its holdings in iShares MSCI Qatar ETF by 118.1% during the 3rd quarter. Citigroup Inc. now owns 5,302 shares of the company’s stock worth $92,000 after buying an additional 2,871 shares during the period. Rhumbline Advisers lifted its stake in shares of iShares MSCI Qatar ETF by 17.4% in the third quarter. Rhumbline Advisers now owns 189,449 shares of the company’s stock worth $3,295,000 after acquiring an additional 28,063 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in iShares MSCI Qatar ETF by 1.6% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 120,610 shares of the company’s stock valued at $2,187,000 after acquiring an additional 1,905 shares during the last quarter. Finally, Jane Street Group LLC increased its position in iShares MSCI Qatar ETF by 445.4% during the 1st quarter. Jane Street Group LLC now owns 332,899 shares of the company’s stock valued at $5,872,000 after purchasing an additional 271,861 shares during the period.

About iShares MSCI Qatar ETF

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.