Short Interest in First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Drops By 33.3%

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT - Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, a decline of 33.3% from the March 31st total of 300 shares. Based on an average daily volume of 12,000 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Several large investors have recently made changes to their positions in QQXT. Global Retirement Partners LLC increased its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 117.6% in the 1st quarter. Global Retirement Partners LLC now owns 703 shares of the company's stock worth $64,000 after acquiring an additional 380 shares in the last quarter. Koshinski Asset Management Inc. purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 4th quarter worth $212,000. Raymond James Financial Services Advisors Inc. increased its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 19.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 4,552 shares of the company's stock worth $401,000 after acquiring an additional 736 shares in the last quarter. Fortune Financial Advisors LLC increased its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 5.7% in the 3rd quarter. Fortune Financial Advisors LLC now owns 6,614 shares of the company's stock worth $538,000 after acquiring an additional 356 shares in the last quarter. Finally, WMG Financial Advisors LLC increased its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 8.2% in the 4th quarter. WMG Financial Advisors LLC now owns 11,332 shares of the company's stock worth $999,000 after acquiring an additional 855 shares in the last quarter.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Performance

Shares of QQXT traded down $0.05 during trading hours on Friday, hitting $86.92. The stock had a trading volume of 1,306 shares, compared to its average volume of 10,456. The firm has a 50-day moving average price of $88.90 and a 200 day moving average price of $86.09. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a fifty-two week low of $75.78 and a fifty-two week high of $91.19. The firm has a market capitalization of $134.72 million, a price-to-earnings ratio of 26.49 and a beta of 0.91.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.2887 dividend. This represents a $1.15 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend was Thursday, March 21st.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Company Profile

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.

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