Thoroughbred Financial Services LLC Takes $8.39 Million Position in iShares Nasdaq Top 30 Stocks ETF $QTOP

Thoroughbred Financial Services LLC bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 297,046 shares of the company’s stock, valued at approximately $8,391,000. Thoroughbred Financial Services LLC owned about 6.29% of iShares Nasdaq Top 30 Stocks ETF at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Magnolia Capital Advisors LLC bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the 2nd quarter worth approximately $270,000. Stratos Wealth Advisors LLC grew its holdings in iShares Nasdaq Top 30 Stocks ETF by 46.5% during the second quarter. Stratos Wealth Advisors LLC now owns 45,883 shares of the company’s stock worth $1,296,000 after buying an additional 14,565 shares in the last quarter. Jane Street Group LLC bought a new position in shares of iShares Nasdaq Top 30 Stocks ETF during the first quarter valued at about $797,000. Finally, Diversify Advisory Services LLC purchased a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the 1st quarter worth approximately $823,000.

iShares Nasdaq Top 30 Stocks ETF Price Performance

Shares of NASDAQ QTOP opened at $31.84 on Friday. iShares Nasdaq Top 30 Stocks ETF has a one year low of $20.33 and a one year high of $33.24. The stock has a market capitalization of $212.69 million, a PE ratio of 33.35 and a beta of 1.34. The business’s fifty day moving average price is $31.45 and its 200-day moving average price is $29.08.

iShares Nasdaq Top 30 Stocks ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were issued a dividend of $0.0296 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 16th.

iShares Nasdaq Top 30 Stocks ETF Profile

The iShares Nasdaq Top 30 Stocks ETF (QTOP) is an exchange-traded fund that is based on the Nasdaq-100 Top 30 index. The fund aims to track an index composed of the 30 largest companies by market-cap from the Nasdaq-100 Index. The components are weighted by market-cap with capping limits QTOP was launched on Oct 24, 2024 and is issued by BlackRock.