iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report)’s stock price traded down 1.4% during mid-day trading on Tuesday. The stock traded as low as $16.26 and last traded at $16.35. Approximately 37,421 shares traded hands during trading, an increase of 10% from the average session volume of 34,132 shares. The stock had previously closed at $16.58.
iShares MSCI Qatar ETF Stock Performance
The firm has a market capitalization of $55.92 million, a P/E ratio of 11.93 and a beta of 0.38. The business has a 50 day simple moving average of $17.28 and a two-hundred day simple moving average of $18.12.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of QAT. Bank of New York Mellon Corp raised its position in iShares MSCI Qatar ETF by 15.3% during the first quarter. Bank of New York Mellon Corp now owns 27,748 shares of the company’s stock valued at $516,000 after purchasing an additional 3,674 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of iShares MSCI Qatar ETF by 28.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 19,433 shares of the company’s stock valued at $361,000 after buying an additional 4,300 shares in the last quarter. Citadel Advisors LLC purchased a new position in shares of iShares MSCI Qatar ETF during the 2nd quarter valued at about $276,000. TD Waterhouse Canada Inc. lifted its position in iShares MSCI Qatar ETF by 12.2% in the 2nd quarter. TD Waterhouse Canada Inc. now owns 244,546 shares of the company’s stock worth $4,422,000 after buying an additional 26,514 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in iShares MSCI Qatar ETF in the first quarter worth approximately $1,052,000.
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.
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