QLC Stock Summary and Trading Ideas (Flexshares Trust Flexshares US Quality Large Cap | NASDAQ:QLC)

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 April 19, 2024, QLC stock price declined to $55.69 with 10,827 million shares trading.

QLC has a market cap of $187.95 million. This is considered a Micro Cap stock.

In the last 3 years, QLC stock traded as high as $58.94 and as low as $38.93.

QLC has outperformed the market in the last year with a return of +23.0%, while the SPY ETF gained +21.2%. In the last 3 month period, QLC beat the market returning +3.6%, while SPY returned +3.0%. However, in the most recent 2 weeks QLC has underperformed the stock market by returning -4.7%, while SPY returned -4.5%.

QLC support price is $55.72 and resistance is $56.63 (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.