First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $137.05 and last traded at $136.88, with a volume of 18916 shares changing hands. The stock had previously closed at $136.54.
First Trust NASDAQ-100 Equal Weighted Index Fund Stock Performance
The company has a market capitalization of $1.92 billion, a P/E ratio of 27.96 and a beta of 1.05. The firm's fifty day moving average is $130.77 and its 200-day moving average is $127.08.
First Trust NASDAQ-100 Equal Weighted Index Fund Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Thursday, June 26th were issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.38%. The ex-dividend date was Thursday, June 26th.
Institutional Investors Weigh In On First Trust NASDAQ-100 Equal Weighted Index Fund
Hedge funds have recently added to or reduced their stakes in the business. Pineridge Advisors LLC acquired a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund during the 1st quarter worth approximately $32,000. Barclays PLC acquired a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund during the 4th quarter worth approximately $50,000. Hughes Financial Services LLC acquired a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund during the 1st quarter worth approximately $66,000. CIBC Private Wealth Group LLC acquired a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund during the 4th quarter worth approximately $72,000. Finally, NBC Securities Inc. acquired a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund during the 1st quarter worth approximately $95,000.
First Trust NASDAQ-100 Equal Weighted Index Fund Company Profile
(
Get Free Report)
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.
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