iShares MSCI Qatar ETF (NASDAQ:QAT) Shares Up 0.9% – Still a Buy?

iShares MSCI Qatar ETF (NASDAQ:QATGet Free Report) shares shot up 0.9% during trading on Tuesday . The company traded as high as $18.12 and last traded at $18.12. 2,902 shares traded hands during trading, a decline of 67% from the average session volume of 8,796 shares. The stock had previously closed at $17.95.

iShares MSCI Qatar ETF Stock Performance

The firm’s 50 day simple moving average is $17.93 and its 200 day simple moving average is $17.94. The firm has a market capitalization of $65.23 million, a price-to-earnings ratio of 10.78 and a beta of 0.48.

iShares MSCI Qatar ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.2878 per share. The ex-dividend date was Tuesday, December 17th.

Hedge Funds Weigh In On iShares MSCI Qatar ETF

An institutional investor recently raised its position in iShares MSCI Qatar ETF stock. Yousif Capital Management LLC raised its holdings in iShares MSCI Qatar ETF (NASDAQ:QATFree Report) by 6.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 68,159 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Yousif Capital Management LLC owned about 1.89% of iShares MSCI Qatar ETF worth $1,222,000 at the end of the most recent quarter.

About iShares MSCI Qatar ETF

(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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