First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) was up 0.2% on Tuesday . The stock traded as high as $216.36 and last traded at $214.55. Approximately 44,449 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 256,694 shares. The stock had previously closed at $214.10.
First Trust NASDAQ-100 Technology Sector Index Fund Price Performance
The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 35.79 and a beta of 1.17. The firm has a fifty day simple moving average of $204.80 and a two-hundred day simple moving average of $191.72.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of QTEC. REAP Financial Group LLC increased its position in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 68.6% during the fourth quarter. REAP Financial Group LLC now owns 172 shares of the company's stock worth $32,000 after purchasing an additional 70 shares in the last quarter. Trust Co. of Vermont acquired a new position in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the 2nd quarter valued at $33,000. Tucker Asset Management LLC lifted its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 37.0% in the 4th quarter. Tucker Asset Management LLC now owns 226 shares of the company's stock valued at $43,000 after purchasing an additional 61 shares during the last quarter. Synergy Investment Management LLC raised its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 55.8% in the 1st quarter. Synergy Investment Management LLC now owns 254 shares of the company's stock valued at $44,000 after buying an additional 91 shares during the period. Finally, Mascagni Wealth Management Inc. purchased a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the 4th quarter valued at $47,000.
About First Trust NASDAQ-100 Technology Sector Index Fund
(
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.
Read More
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
