Shares of First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC - Get Free Report) were up 0.8% during trading on Wednesday . The stock traded as high as $212.47 and last traded at $212.20. Approximately 134,402 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 243,552 shares. The stock had previously closed at $210.42.
First Trust NASDAQ-100 Technology Sector Index Fund Trading Down 0.2%
The stock's 50 day moving average is $210.27 and its two-hundred day moving average is $193.96. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of 35.79 and a beta of 1.17.
Institutional Trading of First Trust NASDAQ-100 Technology Sector Index Fund
A number of hedge funds have recently added to or reduced their stakes in the stock. Hughes Financial Services LLC grew its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 78.5% during the 2nd quarter. Hughes Financial Services LLC now owns 116 shares of the company's stock worth $25,000 after purchasing an additional 51 shares during the period. REAP Financial Group LLC lifted its stake 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 valued at $32,000 after buying an additional 70 shares during the period. Creative Capital Management Investments LLC acquired a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund during the second quarter worth $32,000. Trust Co. of Vermont acquired a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the 2nd quarter worth about $33,000. Finally, First Command Advisory Services Inc. acquired a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the second quarter worth approximately $36,000.
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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