FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Down 0.4% – Should You Sell?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV)’s stock price traded down 0.4% during trading on Wednesday . The company traded as low as $66.40 and last traded at $66.47. 7,762 shares were traded during trading, an increase of 70% from the average session volume of 4,559 shares. The stock had previously closed at $66.76.

FlexShares US Quality Low Volatility Index Fund Price Performance

The stock’s fifty day moving average price is $66.47 and its 200-day moving average price is $65.76. The firm has a market cap of $164.85 million, a price-to-earnings ratio of 25.39 and a beta of 0.70.

Institutional Trading of FlexShares US Quality Low Volatility Index Fund

Institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. raised its holdings in FlexShares US Quality Low Volatility Index Fund by 8.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 67,664 shares of the company’s stock worth $4,218,000 after acquiring an additional 5,060 shares during the period. Colonial River Investments LLC boosted its stake in FlexShares US Quality Low Volatility Index Fund by 1.0% during the 3rd quarter. Colonial River Investments LLC now owns 26,924 shares of the company’s stock valued at $1,790,000 after purchasing an additional 274 shares during the period. Axxcess Wealth Management LLC grew its holdings in FlexShares US Quality Low Volatility Index Fund by 0.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 26,813 shares of the company’s stock valued at $1,783,000 after buying an additional 203 shares during the last quarter. Beam Wealth Advisors Inc. increased its position in FlexShares US Quality Low Volatility Index Fund by 1.6% in the 3rd quarter. Beam Wealth Advisors Inc. now owns 15,304 shares of the company’s stock worth $1,018,000 after buying an additional 240 shares during the period. Finally, Wealthcare Advisory Partners LLC lifted its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 4.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 6,420 shares of the company’s stock worth $419,000 after buying an additional 299 shares during the last quarter.

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.