Shares of First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) shot up 0.8% during trading on Wednesday . The company traded as high as $212.47 and last traded at $212.20. 134,402 shares changed hands during trading, a decline of 45% from the average session volume of 243,552 shares. The stock had previously closed at $210.42.
First Trust NASDAQ-100 Technology Sector Index Fund Price Performance
The stock's 50-day simple moving average is $210.68 and its 200 day simple moving average is $193.99. The stock has a market capitalization of $2.67 billion, a P/E ratio of 35.79 and a beta of 1.17.
Institutional Investors Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund
Institutional investors have recently modified their holdings of the business. MML Investors Services LLC raised its holdings in First Trust NASDAQ-100 Technology Sector Index Fund by 4.2% in the 4th quarter. MML Investors Services LLC now owns 24,511 shares of the company's stock valued at $4,615,000 after buying an additional 988 shares during the last quarter. Topsail Wealth Management LLC bought a new position in First Trust NASDAQ-100 Technology Sector Index Fund in the 4th quarter valued at approximately $210,000. Integrated Wealth Concepts LLC increased its position in First Trust NASDAQ-100 Technology Sector Index Fund by 6.0% during the 4th quarter. Integrated Wealth Concepts LLC now owns 82,984 shares of the company's stock valued at $15,624,000 after purchasing an additional 4,666 shares during the period. Coppell Advisory Solutions LLC increased its position in First Trust NASDAQ-100 Technology Sector Index Fund by 50.3% during the 4th quarter. Coppell Advisory Solutions LLC now owns 24,144 shares of the company's stock valued at $4,598,000 after purchasing an additional 8,081 shares during the period. Finally, United Capital Financial Advisors LLC acquired a new stake in First Trust NASDAQ-100 Technology Sector Index Fund during the 4th quarter valued at approximately $270,000.
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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