iShares MSCI Qatar ETF (NASDAQ:QAT) Trading Down 1.6%

iShares MSCI Qatar ETF (NASDAQ:QAT)’s stock price fell 1.6% during mid-day trading on Monday . The company traded as low as $17.13 and last traded at $17.14. 2,047 shares were traded during mid-day trading, a decline of 91% from the average session volume of 22,871 shares. The stock had previously closed at $17.42.

iShares MSCI Qatar ETF Stock Down 1.2 %

The company has a market capitalization of $78.03 million, a P/E ratio of 10.96 and a beta of 0.48. The firm has a fifty day simple moving average of $17.73 and a 200-day simple moving average of $17.46.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

Several institutional investors have recently added to or reduced their stakes in QAT. Rock Creek Group LP grew its stake in shares of iShares MSCI Qatar ETF by 1,942.3% during the 3rd quarter. Rock Creek Group LP now owns 421,274 shares of the company’s stock worth $7,326,000 after acquiring an additional 400,647 shares in the last quarter. Rhumbline Advisers increased its stake in iShares MSCI Qatar ETF by 17.4% in the 3rd quarter. Rhumbline Advisers now owns 189,449 shares of the company’s stock valued at $3,295,000 after buying an additional 28,063 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in iShares MSCI Qatar ETF by 14.7% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 118,705 shares of the company’s stock worth $2,064,000 after buying an additional 15,192 shares in the last quarter. Knollwood Investment Advisory LLC acquired a new position in shares of iShares MSCI Qatar ETF during the 3rd quarter worth about $221,000. Finally, Citigroup Inc. grew its holdings in shares of iShares MSCI Qatar ETF by 118.1% in the 3rd quarter. Citigroup Inc. now owns 5,302 shares of the company’s stock valued at $92,000 after acquiring an additional 2,871 shares in the last quarter.

About iShares MSCI Qatar ETF

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.