iShares MSCI Qatar ETF (NASDAQ:QAT – Get Free Report) were down 1.4% during trading on Tuesday. The company traded as low as $16.26 and last traded at $16.35. 37,421 shares were traded 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 company’s fifty day simple moving average is $17.30 and its two-hundred day simple moving average is $18.14. The company has a market capitalization of $56.41 million, a price-to-earnings ratio of 11.93 and a beta of 0.38.
Hedge Funds Weigh In On iShares MSCI Qatar ETF
A number of hedge funds have recently bought and sold shares of QAT. Fifth Third Bancorp acquired a new stake in shares of iShares MSCI Qatar ETF during the 1st quarter worth approximately $1,052,000. TD Waterhouse Canada Inc. boosted its position in iShares MSCI Qatar ETF by 12.2% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 244,546 shares of the company’s stock valued at $4,422,000 after purchasing an additional 26,514 shares during the period. Citadel Advisors LLC acquired a new position in iShares MSCI Qatar ETF during the 2nd quarter valued at approximately $276,000. Sumitomo Mitsui Trust Group Inc. grew its stake in 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 worth $361,000 after buying an additional 4,300 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in iShares MSCI Qatar ETF by 15.3% during the 1st quarter. Bank of New York Mellon Corp now owns 27,748 shares of the company’s stock worth $516,000 after buying an additional 3,674 shares during the last quarter.
iShares MSCI Qatar ETF Company Profile
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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