No headlines found.
No press releases found.
No news found.
FlexShares US Quality Large Cap Index Fund attempts to provide investors a US large cap equity portfolio with long-term growth potential. Designed to replace traditional large cap equity products, the strategy applies a model that ranks securities in the large cap universe based on quality, value and momentum factors. Exposure to the factors is optimized, with sector, style and security level constraints, to maintain a similar risk profile to the original universe. If occurring, dividends from net investment income are generally declared and paid quarterly. Distributions of net realized securities gains, if any, are generally declared and paid once a year, but the Fund may make such distributions on a more frequent basis.
Flexshares Trust Flexshares US Quality Large Cap trades on the NASDAQ stock market under the symbol QLC.
As of September 20, 2024, QLC stock price declined to $64.33 with 9,067 million shares trading.
QLC has a beta of 1.00, meaning it tends to be more sensitive to market movements. QLC has a correlation of 0.97 to the broad based SPY ETF.
QLC has a market cap of $318.42 million. This is considered a Small Cap stock.
In the last 3 years, QLC stock traded as high as $64.77 and as low as $38.93.
QLC has outperformed the market in the last year with a price return of +31.5% while the SPY ETF gained +29.5%. QLC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.2% and +3.6%, respectively, while the SPY returned +3.9% and +3.4%, respectively.
QLC support price is $63.73 and resistance is $65.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QLC stock will trade within this expected range on the day.