FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Trading Down 0% – Should You Sell?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) shares were down 0% during trading on Friday . The stock traded as low as $65.53 and last traded at $65.53. Approximately 4,141 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 11,677 shares. The stock had previously closed at $65.55.

FlexShares US Quality Low Volatility Index Fund Price Performance

The company has a 50-day simple moving average of $66.14 and a 200-day simple moving average of $63.40. The firm has a market cap of $162.52 million, a PE ratio of 25.39 and a beta of 0.70.

Hedge Funds Weigh In On FlexShares US Quality Low Volatility Index Fund

A number of large investors have recently made changes to their positions in QLV. Bellevue Asset Management LLC boosted its holdings in FlexShares US Quality Low Volatility Index Fund by 5.4% in the second quarter. Bellevue Asset Management LLC now owns 3,783 shares of the company’s stock valued at $236,000 after purchasing an additional 194 shares during the last quarter. Herold Advisors Inc. increased its position in shares of FlexShares US Quality Low Volatility Index Fund by 6.5% during the second quarter. Herold Advisors Inc. now owns 14,985 shares of the company’s stock worth $934,000 after purchasing an additional 910 shares in the last quarter. Beam Wealth Advisors Inc. purchased a new stake in FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at $939,000. Axxcess Wealth Management LLC purchased a new stake in FlexShares US Quality Low Volatility Index Fund in the 2nd quarter valued at $1,659,000. Finally, Envestnet Asset Management Inc. grew its holdings in shares of FlexShares US Quality Low Volatility Index Fund by 8.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 67,664 shares of the company’s stock worth $4,218,000 after purchasing an additional 5,060 shares during the period.

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.