First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) Price, Holdings, & News

ETF Overview

The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.

Key Stats

• Today's Range: $133.31 to $134.66
• 50-Day Range: $106.81 to $134.06
• 52-Week Range: $104.28 to $136.19
• Volume: 39,403 shs
• Average Volume: 90,023 shs
• Market Capitalization: $1.91 billion
• Assets Under Management: $1.85 billion
• Dividend Yield: 0.49%
• Net Expense Ratio: 0.57%
• Aggregate Rating: Moderate Buy

QQEW ETF - Frequently Asked Questions

How have QQEW shares performed this year?

First Trust NASDAQ-100 Equal Weighted Index Fund's stock was trading at $124.96 at the beginning of 2025. Since then, QQEW shares have increased by 7.1% and is now trading at $133.84.
View the best growth stocks for 2025 here.

Who are First Trust NASDAQ-100 Equal Weighted Index Fund's major shareholders?

Top institutional investors of First Trust NASDAQ-100 Equal Weighted Index Fund include Raymond James Financial Inc. (6.53%), LPL Financial LLC (5.82%), Royal Bank of Canada (2.30%) and Gratus Wealth Advisors LLC (1.84%).

How do I buy shares of First Trust NASDAQ-100 Equal Weighted Index Fund?

Shares of QQEW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust NASDAQ-100 Equal Weighted Index Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust NASDAQ-100 Equal Weighted Index Fund investors own include Waste Connections (WCN), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust NASDAQ-100 Equal Weighted Index Fund
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:QQEW
• Inception Date: 4/19/2006
• Fund Manager: Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Equity
• Benchmark: Nasdaq-100 Equal Weighted Index
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 102

Fund Statistics

• Assets Under Management: $1.85 billion
• Average Daily Volume: $70.15 thousand
• Discount/Premium: -0.13%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: RBC Capital Markets

Options

• Optionable: Optionable
• Options Volume: 17
• Put Options: 1
• Call Options: 17
• Short Interest: 137,200 shs

Miscellaneous

• Outstanding Shares: 14,250,000
• Beta: 1.05
• Creation Unit: 50,000
• Creation Fee: $1,000.00