iShares MSCI Qatar ETF (NASDAQ:QAT) Plans Dividend of $0.23

iShares MSCI Qatar ETF (NASDAQ:QAT) declared a dividend on Monday, December 15th. Stockholders of record on Tuesday, December 16th will be given a dividend of 0.2267 per share on Monday, December 22nd. This represents a dividend yield of 238.0%. The ex-dividend date is Tuesday, December 16th.

iShares MSCI Qatar ETF Trading Down 1.6%

iShares MSCI Qatar ETF stock opened at $19.01 on Tuesday. The firm has a 50 day moving average of $19.13 and a 200 day moving average of $19.25. The firm has a market capitalization of $71.29 million, a price-to-earnings ratio of 11.93 and a beta of 0.43. iShares MSCI Qatar ETF has a 12-month low of $16.78 and a 12-month high of $20.64.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

A number of hedge funds have recently made changes to their positions in QAT. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Qatar ETF during the 2nd quarter worth approximately $33,000. Sumitomo Mitsui Trust Group Inc. purchased a new stake in shares of iShares MSCI Qatar ETF during the third quarter valued at $196,000. Victory Capital Management Inc. purchased a new stake in shares of iShares MSCI Qatar ETF during the third quarter valued at $405,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in iShares MSCI Qatar ETF in the 1st quarter worth about $391,000. Finally, OLD Mission Capital LLC lifted its holdings in iShares MSCI Qatar ETF by 7.8% during the 1st quarter. OLD Mission Capital LLC now owns 30,937 shares of the company’s stock valued at $552,000 after buying an additional 2,227 shares in the last quarter.

About iShares MSCI Qatar ETF

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.