Citadel Advisors LLC Makes New $2.34 Million Investment in iShares Nasdaq Top 30 Stocks ETF $QTOP

Citadel Advisors LLC purchased a new position in shares of iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 60,500 shares of the company’s stock, valued at approximately $2,336,000. Citadel Advisors LLC owned approximately 0.78% of iShares Nasdaq Top 30 Stocks ETF at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in QTOP. EFG International AG acquired a new position in iShares Nasdaq Top 30 Stocks ETF in the fourth quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the second quarter valued at approximately $48,000. Sound Income Strategies LLC acquired a new stake in iShares Nasdaq Top 30 Stocks ETF in the first quarter valued at approximately $57,000. TD Waterhouse Canada Inc. grew its position in iShares Nasdaq Top 30 Stocks ETF by 315.0% in the second quarter. TD Waterhouse Canada Inc. now owns 1,552 shares of the company’s stock worth $59,000 after acquiring an additional 1,178 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC bought a new stake in iShares Nasdaq Top 30 Stocks ETF in the fourth quarter worth approximately $109,000.

iShares Nasdaq Top 30 Stocks ETF Stock Up 0.3%

Shares of QTOP opened at $37.68 on Wednesday. The firm has a market cap of $292.40 million, a price-to-earnings ratio of 33.35 and a beta of 1.42. The company’s fifty day moving average is $37.08 and its 200-day moving average is $35.42. iShares Nasdaq Top 30 Stocks ETF has a 12 month low of $28.71 and a 12 month high of $39.41.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were given a dividend of $0.0337 per share. The ex-dividend date of this dividend was Monday, June 15th. This is a positive change from iShares Nasdaq Top 30 Stocks ETF’s previous quarterly dividend of $0.03. This represents a $0.13 annualized dividend and a yield of 0.4%.

About iShares Nasdaq Top 30 Stocks ETF

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.