iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOP) Short Interest Down 38.1% in June

iShares Nasdaq Top 30 Stocks ETF (NASDAQ:QTOPGet Free Report) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 60,241 shares, a drop of 38.1% from the May 31st total of 97,279 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average trading volume of 171,654 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of iShares Nasdaq Top 30 Stocks ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. EFG International AG bought a new position in iShares Nasdaq Top 30 Stocks ETF during the 4th quarter worth approximately $32,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the 2nd quarter valued at approximately $48,000. Sound Income Strategies LLC bought a new stake in shares of iShares Nasdaq Top 30 Stocks ETF in the 1st quarter valued at approximately $57,000. Private Advisor Group LLC raised its position in shares of iShares Nasdaq Top 30 Stocks ETF by 4.6% during the 1st quarter. Private Advisor Group LLC now owns 48,164 shares of the company’s stock valued at $1,442,000 after acquiring an additional 2,100 shares in the last quarter. Finally, Magnolia Capital Advisors LLC raised its position in shares of iShares Nasdaq Top 30 Stocks ETF by 22.7% during the 4th quarter. Magnolia Capital Advisors LLC now owns 11,738 shares of the company’s stock valued at $375,000 after acquiring an additional 2,172 shares in the last quarter.

iShares Nasdaq Top 30 Stocks ETF Stock Performance

Shares of iShares Nasdaq Top 30 Stocks ETF stock traded down $0.76 during trading on Thursday, reaching $37.20. The company had a trading volume of 103,404 shares, compared to its average volume of 202,684. The company has a market cap of $276.77 million, a price-to-earnings ratio of 33.35 and a beta of 1.37. The firm’s fifty day moving average is $37.39 and its 200-day moving average is $33.68. iShares Nasdaq Top 30 Stocks ETF has a fifty-two week low of $28.07 and a fifty-two week 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. Investors of record on Monday, June 15th were issued a $0.0337 dividend. This is an increase 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%. The ex-dividend date of this dividend was Monday, June 15th.

iShares Nasdaq Top 30 Stocks ETF Company Profile

(Get Free Report)

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.

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