First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) shares traded up 0.1% during mid-day trading on Wednesday . The company traded as high as $122.03 and last traded at $121.62. 70,062 shares were traded during trading, a decline of 28% from the average session volume of 97,266 shares. The stock had previously closed at $121.51.
First Trust NASDAQ 100 Equal Weighted Index Fund Stock Performance
The company has a market cap of $1.75 billion, a P/E ratio of 25.61 and a beta of 1.05. The business's fifty day moving average is $120.18 and its two-hundred day moving average is $126.19.
First Trust NASDAQ 100 Equal Weighted Index Fund Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.1529 dividend. This is a positive change from First Trust NASDAQ 100 Equal Weighted Index Fund's previous quarterly dividend of $0.13. This represents a $0.61 annualized dividend and a yield of 0.50%. The ex-dividend date was Thursday, March 27th.
Institutional Trading of First Trust NASDAQ 100 Equal Weighted Index Fund
Institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in First Trust NASDAQ 100 Equal Weighted Index Fund during the 4th quarter valued at about $31,000. Pineridge Advisors LLC purchased a new stake in shares of First Trust NASDAQ 100 Equal Weighted Index Fund during the first quarter worth approximately $32,000. Barclays PLC acquired a new stake in shares of First Trust NASDAQ 100 Equal Weighted Index Fund in the fourth quarter valued at about $50,000. Hughes Financial Services LLC purchased a new position in First Trust NASDAQ 100 Equal Weighted Index Fund during the first quarter worth approximately $66,000. Finally, Avior Wealth Management LLC purchased a new stake in shares of First Trust NASDAQ 100 Equal Weighted Index Fund in the 4th quarter valued at approximately $69,000.
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.
Recommended Stories
Before you consider First Trust NASDAQ-100 Equal Weighted Index Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust NASDAQ-100 Equal Weighted Index Fund wasn't on the list.
While First Trust NASDAQ-100 Equal Weighted Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
