FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Down 0.3% – Here’s What Happened

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) traded down 0.3% during mid-day trading on Monday . The stock traded as low as $67.25 and last traded at $67.25. 2,938 shares changed hands during trading, a decline of 74% from the average session volume of 11,339 shares. The stock had previously closed at $67.43.

FlexShares US Quality Low Volatility Index Fund Stock Down 2.1 %

The firm has a market capitalization of $162.81 million, a P/E ratio of 25.39 and a beta of 0.70. The business’s 50 day moving average is $67.13 and its 200-day moving average is $65.09.

Institutional Investors Weigh In On FlexShares US Quality Low Volatility Index Fund

A number of large investors have recently modified their holdings of the business. Axxcess Wealth Management LLC raised its stake in FlexShares US Quality Low Volatility Index Fund by 0.8% during the third quarter. Axxcess Wealth Management LLC now owns 26,813 shares of the company’s stock worth $1,783,000 after acquiring an additional 203 shares in the last quarter. Beam Wealth Advisors Inc. lifted its stake 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 valued at $1,018,000 after purchasing an additional 240 shares during the last quarter. Colonial River Investments LLC boosted its position in FlexShares US Quality Low Volatility Index Fund by 1.0% in the third quarter. Colonial River Investments LLC now owns 26,924 shares of the company’s stock valued at $1,790,000 after buying an additional 274 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of FlexShares US Quality Low Volatility Index Fund by 8.1% during the second quarter. Envestnet Asset Management Inc. now owns 67,664 shares of the company’s stock worth $4,218,000 after buying an additional 5,060 shares during the last quarter. Finally, Bellevue Asset Management LLC grew its stake in shares of FlexShares US Quality Low Volatility Index Fund by 5.4% during the second quarter. Bellevue Asset Management LLC now owns 3,783 shares of the company’s stock worth $236,000 after buying an additional 194 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.