First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) announced a quarterly dividend on Wednesday, June 25th, NASDAQ Dividends reports. Shareholders 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 of this dividend is Thursday, June 26th.
First Trust NASDAQ-100 Equal Weighted Index Fund Stock Up 0.7%
Shares of QQEW traded up $0.88 during mid-day trading on Thursday, hitting $135.21. 44,655 shares of the company's stock traded hands, compared to its average volume of 86,462. The firm has a market capitalization of $1.93 billion, a P/E ratio of 27.96 and a beta of 1.05. The business's 50-day moving average price is $127.89 and its 200-day moving average price is $126.81. First Trust NASDAQ-100 Equal Weighted Index Fund has a 1 year low of $104.28 and a 1 year high of $136.19.
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 increased its stake in First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Free Report) by 29.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,232 shares of the company's stock after buying an additional 2,531 shares during the period. Jane Street Group LLC owned 0.08% of First Trust NASDAQ-100 Equal Weighted Index Fund worth $1,358,000 at the end of the most recent reporting period.
About First Trust NASDAQ-100 Equal Weighted Index Fund
(
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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