First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC – Get Free Report)’s stock price traded down 0.5% on Monday . The company traded as low as $196.71 and last traded at $198.26. 70,418 shares traded hands during trading, a decline of 38% from the average session volume of 112,741 shares. The stock had previously closed at $199.21.
First Trust NASDAQ 100 Technology Index Fund Stock Down 0.3 %
The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 35.60 and a beta of 1.17. The business’s 50 day simple moving average is $190.32 and its 200 day simple moving average is $190.34.
Institutional Trading of First Trust NASDAQ 100 Technology Index Fund
A number of institutional investors and hedge funds have recently modified their holdings of the business. Russell Investments Group Ltd. purchased a new position in shares of First Trust NASDAQ 100 Technology Index Fund in the first quarter worth about $134,000. Delos Wealth Advisors LLC increased its stake in First Trust NASDAQ 100 Technology Index Fund by 19.1% during the first quarter. Delos Wealth Advisors LLC now owns 9,850 shares of the company’s stock worth $1,878,000 after acquiring an additional 1,583 shares during the last quarter. Owen LaRue LLC bought a new stake in First Trust NASDAQ 100 Technology Index Fund in the first quarter worth about $439,000. Leelyn Smith LLC purchased a new position in shares of First Trust NASDAQ 100 Technology Index Fund during the first quarter worth approximately $571,000. Finally, CreativeOne Wealth LLC raised its holdings in First Trust NASDAQ 100 Technology Index Fund by 50.3% in the first quarter. CreativeOne Wealth LLC now owns 2,507 shares of the company’s stock worth $478,000 after purchasing an additional 839 shares in the last quarter.
About First Trust NASDAQ 100 Technology Index Fund
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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