First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT - Get Free Report)'s stock price rose 0.7% on Wednesday . The company traded as high as $101.26 and last traded at $101.22. Approximately 5,389 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 64,759 shares. The stock had previously closed at $100.50.
First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Performance
The stock has a 50-day moving average of $98.56 and a two-hundred day moving average of $95.94. The company has a market cap of $1.14 billion, a P/E ratio of 23.20 and a beta of 0.98.
First Trust NASDAQ-100 Ex-Technology Sector Index Fund Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Thursday, June 26th were given a $0.1606 dividend. The ex-dividend date was Thursday, June 26th. This represents a $0.64 annualized dividend and a yield of 0.64%.
Institutional Trading of First Trust NASDAQ-100 Ex-Technology Sector Index Fund
Several hedge funds and other institutional investors have recently bought and sold shares of QQXT. Raymond James Financial Inc. bought a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the fourth quarter valued at approximately $2,722,000. Commonwealth Equity Services LLC increased its stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 3.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 6,363 shares of the company's stock valued at $593,000 after buying an additional 215 shares during the period. Susquehanna International Group LLP increased its stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 270.2% during the fourth quarter. Susquehanna International Group LLP now owns 24,221 shares of the company's stock valued at $2,255,000 after buying an additional 17,678 shares during the period. Bank of America Corp DE increased its stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 4.5% during the fourth quarter. Bank of America Corp DE now owns 10,632 shares of the company's stock valued at $990,000 after buying an additional 453 shares during the period. Finally, EP Wealth Advisors LLC purchased a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the fourth quarter valued at approximately $112,000.
First Trust NASDAQ-100 Ex-Technology Sector Index Fund Company Profile
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The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.
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