iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Short Interest Update

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 6,167 shares, a decrease of 89.8% from the June 15th total of 60,241 shares. Based on an average daily volume of 150,412 shares, the short-interest ratio is presently 0.0 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On iShares Nasdaq Top 30 Stocks ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. EFG International AG acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the 4th quarter worth about $32,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the 2nd quarter valued at $48,000. Sound Income Strategies LLC acquired a new position in shares of iShares Nasdaq Top 30 Stocks ETF in the 1st quarter valued at $57,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF during the fourth quarter valued at approximately $109,000. Finally, MML Investors Services LLC acquired a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the fourth quarter worth $361,000.

iShares Nasdaq Top 30 Stocks ETF Stock Up 0.6%

Shares of QTOP stock traded up $0.23 during trading hours on Friday, hitting $38.14. 111,793 shares of the company were exchanged, compared to its average volume of 199,636. The firm has a market cap of $292.92 million, a PE ratio of 33.35 and a beta of 1.38. The firm has a fifty day moving average of $37.74 and a 200 day moving average of $33.92. iShares Nasdaq Top 30 Stocks ETF has a 1 year low of $28.23 and a 1 year high of $39.41.

iShares Nasdaq Top 30 Stocks ETF Increases Dividend

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

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.