Shares of First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $217.29 and last traded at $217.09, with a volume of 8100 shares. The stock had previously closed at $216.60.
First Trust NASDAQ-100 Technology Sector Index Fund Stock Down 0.5%
The firm has a fifty day simple moving average of $201.54 and a 200-day simple moving average of $190.92. The company has a market cap of $2.74 billion, a PE ratio of 34.44 and a beta of 1.17.
Hedge Funds Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund
Several hedge funds have recently made changes to their positions in QTEC. Marshall Wace LLP grew its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 319.6% during the fourth quarter. Marshall Wace LLP now owns 130,023 shares of the company's stock worth $24,481,000 after purchasing an additional 99,037 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 2.1% during the fourth quarter. First Trust Advisors LP now owns 4,296,257 shares of the company's stock worth $808,899,000 after purchasing an additional 90,302 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 176.6% during the first quarter. Jane Street Group LLC now owns 28,691 shares of the company's stock worth $4,980,000 after purchasing an additional 66,133 shares during the last quarter. Brio Consultants LLC purchased a new position in shares of First Trust NASDAQ-100 Technology Sector Index Fund during the first quarter worth about $4,381,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 27.9% during the first quarter. Goldman Sachs Group Inc. now owns 93,721 shares of the company's stock worth $16,266,000 after buying an additional 20,426 shares during the last quarter.
About First Trust NASDAQ-100 Technology Sector Index Fund
(
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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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