First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report)'s share price traded up 2.4% on Tuesday . The company traded as high as $209.90 and last traded at $209.57. 252,473 shares traded hands during trading, a decline of 8% from the average session volume of 274,757 shares. The stock had previously closed at $204.70.
First Trust NASDAQ-100 Technology Sector Index Fund Stock Performance
The firm has a market cap of $2.93 billion, a P/E ratio of 34.44 and a beta of 1.17. The firm has a fifty day moving average of $192.20 and a 200-day moving average of $189.56.
Institutional Investors Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund
A number of hedge funds have recently added to or reduced their stakes in the stock. Synergy Investment Management LLC acquired a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the 4th quarter worth about $31,000. REAP Financial Group LLC grew its position in First Trust NASDAQ-100 Technology Sector Index Fund by 68.6% in the 4th quarter. REAP Financial Group LLC now owns 172 shares of the company's stock worth $32,000 after purchasing an additional 70 shares during the last quarter. Tucker Asset Management LLC increased its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 37.0% in the fourth 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 period. Mascagni Wealth Management Inc. bought a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund during the fourth quarter valued at approximately $47,000. Finally, SouthState Corp acquired a new position in shares of First Trust NASDAQ-100 Technology Sector Index Fund during the first quarter worth approximately $76,000.
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.
Recommended Stories
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
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
