First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $217.95 and last traded at $217.52, with a volume of 13234 shares trading hands. The stock had previously closed at $216.46.
First Trust NASDAQ-100 Technology Sector Index Fund Stock Performance
The stock has a market capitalization of $2.78 billion, a P/E ratio of 35.79 and a beta of 1.17. The stock has a 50-day simple moving average of $204.80 and a 200 day simple moving average of $191.76.
Institutional Investors Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund
Several institutional investors have recently modified their holdings of the business. Advisory Services Network LLC boosted its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 10.5% during the 4th quarter. Advisory Services Network LLC now owns 92,331 shares of the company's stock worth $17,384,000 after acquiring an additional 8,779 shares during the last quarter. Orion Portfolio Solutions LLC lifted its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 54.9% in the fourth quarter. Orion Portfolio Solutions LLC now owns 2,716 shares of the company's stock valued at $511,000 after buying an additional 963 shares in the last quarter. Trek Financial LLC bought a new position in First Trust NASDAQ-100 Technology Sector Index Fund in the fourth quarter valued at approximately $289,000. Concentrum Wealth Management raised its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 0.5% in the fourth quarter. Concentrum Wealth Management now owns 24,286 shares of the company's stock valued at $4,573,000 after purchasing an additional 117 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 2.1% in the fourth quarter. Wedbush Securities Inc. now owns 8,260 shares of the company's stock valued at $1,555,000 after purchasing an additional 173 shares during the last quarter.
First Trust NASDAQ-100 Technology Sector Index Fund Company Profile
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The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is managed by First Trust.
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