First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW) Declares Quarterly Dividend of $0.13

First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Investors of record on Thursday, June 26th will be given a dividend of 0.13 per share on Monday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.38%. The ex-dividend date is Thursday, June 26th.

First Trust NASDAQ-100 Equal Weighted Index Fund Trading Up 0.2%

NASDAQ:QQEW traded up $0.29 on Friday, reaching $135.50. The stock had a trading volume of 35,479 shares, compared to its average volume of 86,040. The company has a 50-day moving average of $128.72 and a 200 day moving average of $126.82. The stock has a market cap of $1.93 billion, a P/E ratio of 27.96 and a beta of 1.05. First Trust NASDAQ-100 Equal Weighted Index Fund has a 12-month low of $104.28 and a 12-month high of $136.22.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in First Trust NASDAQ-100 Equal Weighted Index Fund stock. Jane Street Group LLC grew its holdings in shares of First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Free Report) by 29.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 11,232 shares of the company's stock after buying an additional 2,531 shares during the quarter. Jane Street Group LLC owned 0.08% of First Trust NASDAQ-100 Equal Weighted Index Fund worth $1,358,000 as of its most recent SEC filing.

First Trust NASDAQ-100 Equal Weighted Index Fund Company Profile

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.