FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) Stock Price Up 0.7%

Shares of FlexShares US Quality Low Volatility Index Fund (NYSEARCA:QLV) were up 0.7% during mid-day trading on Monday . The stock traded as high as $58.82 and last traded at $58.65. Approximately 1,856 shares traded hands during trading, a decline of 88% from the average daily volume of 15,110 shares. The stock had previously closed at $58.25.

FlexShares US Quality Low Volatility Index Fund Stock Performance

The stock has a market capitalization of $156.71 million, a price-to-earnings ratio of 24.72 and a beta of 0.71. The company has a fifty day simple moving average of $59.59 and a two-hundred day simple moving average of $56.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of QLV. Raymond James Financial Services Advisors Inc. acquired a new position in shares of FlexShares US Quality Low Volatility Index Fund during the fourth quarter worth $688,000. Crestwood Advisors Group LLC increased its stake in shares of FlexShares US Quality Low Volatility Index Fund by 1.1% in the third quarter. Crestwood Advisors Group LLC now owns 514,766 shares of the company’s stock valued at $26,522,000 after buying an additional 5,356 shares during the period. Strategic Blueprint LLC bought a new position in shares of FlexShares US Quality Low Volatility Index Fund during the fourth quarter worth about $219,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of FlexShares US Quality Low Volatility Index Fund in the fourth quarter worth approximately $210,000. Finally, Colonial River Wealth Management LLC lifted its stake in shares of FlexShares US Quality Low Volatility Index Fund by 6.8% in the fourth quarter. Colonial River Wealth Management LLC now owns 48,410 shares of the company’s stock worth $2,721,000 after acquiring an additional 3,079 shares during the period.

About FlexShares US Quality Low Volatility Index Fund

The FlexShares US Quality Low Volatility Index Fund (QLV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, market-cap-weighted index of US large- and mid-cap equities. QLV was launched on Jul 15, 2019 and is managed by FlexShares.