iShares MSCI Qatar ETF (NASDAQ:QAT) Trading Up 0.9% – Here’s Why

iShares MSCI Qatar ETF (NASDAQ:QAT)’s share price traded up 0.9% on Tuesday . The company traded as high as $19.38 and last traded at $19.36. 6,968 shares were traded during trading, a decline of 38% from the average session volume of 11,189 shares. The stock had previously closed at $19.19.

iShares MSCI Qatar ETF Price Performance

The company has a market cap of $70.66 million, a P/E ratio of 11.93 and a beta of 0.43. The company has a 50 day moving average of $19.03 and a 200-day moving average of $19.29.

iShares MSCI Qatar ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Monday, December 22nd. Shareholders of record on Tuesday, December 16th were given a dividend of $0.2267 per share. This represents a yield of 242.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Investors Weigh In On iShares MSCI Qatar ETF

A number of large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Qatar ETF by 1,090.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 216,306 shares of the company’s stock valued at $4,028,000 after purchasing an additional 198,137 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of iShares MSCI Qatar ETF by 10.3% during the third quarter. TD Waterhouse Canada Inc. now owns 175,045 shares of the company’s stock valued at $3,400,000 after buying an additional 16,331 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of iShares MSCI Qatar ETF by 7.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 168,756 shares of the company’s stock valued at $3,296,000 after purchasing an additional 11,095 shares during the last quarter. Jane Street Group LLC raised its stake in iShares MSCI Qatar ETF by 202.9% during the 2nd quarter. Jane Street Group LLC now owns 154,860 shares of the company’s stock valued at $2,883,000 after buying an additional 103,735 shares during the last quarter. Finally, Rhumbline Advisers lifted its holdings in iShares MSCI Qatar ETF by 12.6% in the third quarter. Rhumbline Advisers now owns 123,539 shares of the company’s stock valued at $2,413,000 after acquiring an additional 13,855 shares during the period.

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.