First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) shares were down 0.1% on Thursday . The company traded as low as $139.00 and last traded at $139.08. Approximately 35,219 shares were traded during trading, a decline of 56% from the average daily volume of 80,825 shares. The stock had previously closed at $139.25.
First Trust NASDAQ-100 Equal Weighted Index Fund Price Performance
The stock has a fifty day moving average price of $134.39 and a two-hundred day moving average price of $128.26. The company has a market cap of $1.93 billion, a P/E ratio of 27.18 and a beta of 1.05.
First Trust NASDAQ-100 Equal Weighted Index Fund Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were issued a dividend of $0.13 per share. The ex-dividend date was Thursday, June 26th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.37%.
Institutional Investors Weigh In On First Trust NASDAQ-100 Equal Weighted Index Fund
A number of hedge funds have recently made changes to their positions in QQEW. Pineridge Advisors LLC bought a new stake in shares of First Trust NASDAQ-100 Equal Weighted Index Fund during the first quarter valued at approximately $32,000. Barclays PLC acquired a new position in shares of First Trust NASDAQ-100 Equal Weighted Index Fund during the fourth quarter valued at approximately $50,000. Hughes Financial Services LLC acquired a new position in shares of First Trust NASDAQ-100 Equal Weighted Index Fund during the first quarter valued at approximately $66,000. CIBC Private Wealth Group LLC acquired a new position in shares of First Trust NASDAQ-100 Equal Weighted Index Fund during the fourth quarter valued at approximately $72,000. Finally, Ameritas Advisory Services LLC acquired a new position in shares of First Trust NASDAQ-100 Equal Weighted Index Fund during the second quarter valued at approximately $74,000.
About First Trust NASDAQ-100 Equal Weighted Index Fund
(
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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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