iShares MSCI Qatar ETF (NASDAQ:QAT) Stock Price Down 1.1% – Time to Sell?

iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report)’s share price traded down 1.1% on Monday . The company traded as low as $17.41 and last traded at $17.45. 6,589 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 38,288 shares. The stock had previously closed at $17.64.

iShares MSCI Qatar ETF Stock Down 1.1%

The business’s 50 day simple moving average is $17.93 and its two-hundred day simple moving average is $18.69. The stock has a market cap of $62.82 million, a P/E ratio of 11.93 and a beta of 0.39.

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iShares MSCI Qatar ETF Announces Dividend

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

Hedge Funds Weigh In On iShares MSCI Qatar ETF

Several large investors have recently bought and sold shares of QAT. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Qatar ETF during the second quarter worth about $33,000. C M Bidwell & Associates Ltd. bought a new position in iShares MSCI Qatar ETF in the 2nd quarter valued at approximately $229,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in 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 buying an additional 5,100 shares during the last quarter. Victory Capital Management Inc. acquired a new stake in iShares MSCI Qatar ETF during the 3rd quarter worth approximately $405,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in iShares MSCI Qatar ETF during the 1st quarter worth approximately $391,000.

iShares MSCI Qatar ETF Company Profile

(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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