iShares MSCI Qatar ETF (NASDAQ:QAT) Shares Down 0.5% – What’s Next?

iShares MSCI Qatar ETF (NASDAQ:QATGet Free Report)’s share price dropped 0.5% during mid-day trading on Monday . The stock traded as low as $17.56 and last traded at $17.62. Approximately 46,345 shares changed hands during trading, an increase of 18% from the average daily volume of 39,311 shares. The stock had previously closed at $17.70.

iShares MSCI Qatar ETF Price Performance

The company has a market capitalization of $65.08 million, a PE ratio of 11.93 and a beta of 0.39. The business’s 50 day simple moving average is $18.38 and its 200 day simple moving average is $18.95.

iShares MSCI Qatar ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, June 22nd. Stockholders of record on Monday, June 15th were given a dividend of $0.624 per share. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in QAT. Raymond James Financial Inc. acquired a new stake in iShares MSCI Qatar ETF during the second quarter worth $33,000. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares MSCI Qatar ETF by 50.8% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 15,133 shares of the company’s stock valued at $285,000 after purchasing an additional 5,100 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of iShares MSCI Qatar ETF in the 1st quarter valued at $391,000. Victory Capital Management Inc. acquired a new position in shares of iShares MSCI Qatar ETF in the 3rd quarter valued at $405,000. Finally, Mackenzie Financial Corp purchased a new position in shares of iShares MSCI Qatar ETF during the 4th quarter worth $434,000.

About iShares MSCI Qatar ETF

(Get Free Report)

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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