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

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

FlexShares US Quality Low Volatility Index Fund Trading Down 0.3 %

The stock has a market cap of $166.77 million, a PE ratio of 25.39 and a beta of 0.70. The company has a fifty day moving average of $67.12 and a 200-day moving average of $65.05.

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

Several large investors have recently bought and sold shares of QLV. Axxcess Wealth Management LLC boosted its position in shares of FlexShares US Quality Low Volatility Index Fund by 0.8% during the 3rd 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. boosted its position in shares of FlexShares US Quality Low Volatility Index Fund by 1.6% during the 3rd quarter. Beam Wealth Advisors Inc. now owns 15,304 shares of the company’s stock worth $1,018,000 after acquiring an additional 240 shares in the last quarter. Colonial River Investments LLC boosted its position in shares of 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 worth $1,790,000 after acquiring an additional 274 shares in the last quarter. Envestnet Asset Management Inc. boosted its position 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 acquiring an additional 5,060 shares in the last quarter. Finally, Bellevue Asset Management LLC boosted its position in shares of FlexShares US Quality Low Volatility Index Fund by 5.4% during the 2nd quarter. Bellevue Asset Management LLC now owns 3,783 shares of the company’s stock worth $236,000 after acquiring an additional 194 shares in 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.