iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) Stock Price Down 0.6% – Here’s Why

iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT)’s share price were down 0.6% during trading on Thursday . The stock traded as low as $27.62 and last traded at $27.6340. Approximately 202 shares traded hands during trading, a decline of 86% from the average daily volume of 1,430 shares. The stock had previously closed at $27.80.

iShares Nasdaq-100 ex Top 30 ETF Price Performance

The stock has a fifty day simple moving average of $27.88 and a 200-day simple moving average of $27.45. The company has a market capitalization of $16.58 million, a price-to-earnings ratio of 27.80 and a beta of 1.47.

iShares Nasdaq-100 ex Top 30 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were paid a $0.0613 dividend. The ex-dividend date was Tuesday, December 16th. This represents a $0.25 annualized dividend and a dividend yield of 0.9%. This is an increase from iShares Nasdaq-100 ex Top 30 ETF’s previous quarterly dividend of $0.04.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares Nasdaq-100 ex Top 30 ETF stock. Insigneo Advisory Services LLC acquired a new position in iShares Nasdaq-100 ex Top 30 ETF (NASDAQ:QNXT) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,506 shares of the company’s stock, valued at approximately $225,000. Insigneo Advisory Services LLC owned 1.42% of iShares Nasdaq-100 ex Top 30 ETF as of its most recent filing with the Securities & Exchange Commission.

iShares Nasdaq-100 ex Top 30 ETF Company Profile

The iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an exchange-traded fund that is based on the Nasdaq-100 ex Top 30 index. The fund seeks to follow an index of the 31st to 100th largest Nasdaq-100 Index companies by market-cap. The funds holdings are weighted by market-cap QNXT was launched on Oct 23, 2024 and is issued by BlackRock.