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First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC) Sets New 1-Year High - Still a Buy?

Written by MarketBeat
September 23, 2025
First Trust NASDAQ-100 Technology Sector Index Fund logo with Manufacturing background

Key Points

  • The First Trust NASDAQ-100 Technology Sector Index Fund (QTEC) reached a new 52-week high at $229.87, closing at $229.44, with a trading volume of 54,737 shares.
  • The fund has seen significant institutional investments, with firms like Hughes Financial Services and REAP Financial Group boosting their holdings by 78.5% and 68.6%, respectively.
  • QTEC is an exchange-traded fund that tracks an equal-weighted index of the largest NASDAQ-listed US technology stocks and was launched in April 2006.
  • Five stocks to consider instead of First Trust NASDAQ-100 Technology Sector Index Fund.

Shares of First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $229.87 and last traded at $229.44, with a volume of 54737 shares trading hands. The stock had previously closed at $227.62.

First Trust NASDAQ-100 Technology Sector Index Fund Stock Up 0.8%

The firm has a 50 day simple moving average of $215.57 and a 200-day simple moving average of $197.80. The company has a market cap of $2.89 billion, a PE ratio of 35.79 and a beta of 1.17.

Institutional Investors Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund

Large investors have recently modified their holdings of the business. Hughes Financial Services LLC boosted its position in First Trust NASDAQ-100 Technology Sector Index Fund by 78.5% in the second quarter. Hughes Financial Services LLC now owns 116 shares of the company's stock valued at $25,000 after buying an additional 51 shares during the last quarter. REAP Financial Group LLC boosted its position in First Trust NASDAQ-100 Technology Sector Index Fund by 68.6% in the fourth quarter. REAP Financial Group LLC now owns 172 shares of the company's stock valued at $32,000 after buying an additional 70 shares during the last quarter. Creative Capital Management Investments LLC purchased a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the second quarter valued at approximately $32,000. Trust Co. of Vermont purchased a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the second quarter valued at approximately $33,000. Finally, First Command Advisory Services Inc. purchased a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the second quarter valued at approximately $36,000.

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.

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