FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Shares Down 0.4% – What’s Next?

FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) shares fell 0.4% during trading on Tuesday . The stock traded as low as $64.96 and last traded at $65.02. 3,732 shares were traded during trading, an increase of 2% from the average session volume of 3,658 shares. The stock had previously closed at $65.29.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The stock has a market capitalization of $161.89 million, a price-to-earnings ratio of 25.39 and a beta of 0.70. The company has a 50 day moving average of $66.71 and a 200 day moving average of $65.46.

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

A number of large investors have recently modified their holdings of QLV. Axxcess Wealth Management LLC acquired a new position in FlexShares US Quality Low Volatility Index Fund in the second quarter valued at approximately $1,659,000. Envestnet Asset Management Inc. lifted 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 buying an additional 5,060 shares during the last quarter. Colonial River Investments LLC lifted 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 buying an additional 274 shares during the last quarter. Finally, Beam Wealth Advisors Inc. boosted its holdings in shares of 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 buying an additional 240 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.