First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) shares saw unusually-high trading volume on Monday . Approximately 61,990 shares changed hands during trading, a decline of 53% from the previous session's volume of 130,922 shares.The stock last traded at $119.09 and had previously closed at $118.78.
First Trust NASDAQ-100 Equal Weighted Index Fund Stock Performance
The stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 29.27 and a beta of 1.05. The company's 50 day moving average is $121.38 and its 200 day moving average is $115.39.
First Trust NASDAQ-100 Equal Weighted Index Fund Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a dividend of $0.2153 per share. This represents a $0.86 annualized dividend and a yield of 0.72%. The ex-dividend date was Thursday, March 21st.
Hedge Funds Weigh In On First Trust NASDAQ-100 Equal Weighted Index Fund
Large investors have recently bought and sold shares of the stock. Private Advisor Group LLC raised its stake in First Trust NASDAQ-100 Equal Weighted Index Fund by 110.1% during the 3rd quarter. Private Advisor Group LLC now owns 136,662 shares of the company's stock valued at $14,212,000 after purchasing an additional 71,601 shares during the last quarter. Cozad Asset Management Inc. increased its holdings in First Trust NASDAQ-100 Equal Weighted Index Fund by 1.5% in the 3rd quarter. Cozad Asset Management Inc. now owns 23,949 shares of the company's stock valued at $2,490,000 after buying an additional 343 shares during the period. Zimmermann Investment Management & Planning LLC bought a new stake in First Trust NASDAQ-100 Equal Weighted Index Fund in the 3rd quarter valued at $5,677,000. Ergawealth Advisors Inc. increased its holdings in First Trust NASDAQ-100 Equal Weighted Index Fund by 5.9% in the 3rd quarter. Ergawealth Advisors Inc. now owns 4,858 shares of the company's stock valued at $505,000 after buying an additional 270 shares during the period. Finally, Stratos Wealth Partners LTD. increased its holdings in First Trust NASDAQ-100 Equal Weighted Index Fund by 35.4% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 9,509 shares of the company's stock valued at $989,000 after buying an additional 2,488 shares during the period.
About First Trust NASDAQ-100 Equal Weighted Index Fund
(
Get Free Report)
The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.
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