Shares of First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $211.39 and last traded at $210.20, with a volume of 9492 shares traded. The stock had previously closed at $210.51.
First Trust NASDAQ-100 Technology Sector Index Fund Price Performance
The firm has a fifty day simple moving average of $193.20 and a 200-day simple moving average of $189.52. The firm has a market cap of $2.93 billion, a P/E ratio of 34.44 and a beta of 1.17.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in QTEC. Raymond James Financial Inc. bought a new position in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the 4th quarter worth $93,018,000. Marshall Wace LLP lifted its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 319.6% in the fourth quarter. Marshall Wace LLP now owns 130,023 shares of the company's stock valued at $24,481,000 after buying an additional 99,037 shares in the last quarter. First Trust Advisors LP lifted its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 2.1% in the fourth quarter. First Trust Advisors LP now owns 4,296,257 shares of the company's stock valued at $808,899,000 after buying an additional 90,302 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 849.8% in the fourth quarter. Wealthfront Advisers LLC now owns 90,016 shares of the company's stock valued at $16,948,000 after buying an additional 80,539 shares in the last quarter. Finally, Jane Street Group LLC lifted its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 176.6% in the first quarter. Jane Street Group LLC now owns 28,691 shares of the company's stock valued at $4,980,000 after buying an additional 66,133 shares in the last quarter.
First Trust NASDAQ-100 Technology Sector Index Fund Company Profile
(
Get Free Report)
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.
See Also
Before you consider First Trust NASDAQ-100 Technology Sector 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 Technology Sector Index Fund wasn't on the list.
While First Trust NASDAQ-100 Technology Sector Index Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
