First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Shares Up 1.3% – Should You Buy?

First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) shares traded up 1.3% during trading on Friday . The company traded as high as $94.37 and last traded at $94.20. 4,723 shares were traded during mid-day trading, an increase of 6% from the average session volume of 4,462 shares. The stock had previously closed at $93.00.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Stock Up 1.3 %

The stock has a 50-day simple moving average of $95.88 and a two-hundred day simple moving average of $92.45. The firm has a market cap of $122.46 million, a PE ratio of 27.29 and a beta of 0.98.

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

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were given a $0.2056 dividend. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust NASDAQ 100 Ex-Technology Sector Index Fund

Several institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC boosted its stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9,205.7% during the third quarter. International Assets Investment Management LLC now owns 193,559 shares of the company’s stock valued at $18,013,000 after purchasing an additional 191,479 shares during the period. Fortune Financial Advisors LLC raised its holdings in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 11.3% during the 2nd quarter. Fortune Financial Advisors LLC now owns 8,651 shares of the company’s stock valued at $762,000 after buying an additional 875 shares during the last quarter. Jane Street Group LLC purchased a new stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 3rd quarter valued at $311,000. Finally, Kraft Davis & Associates LLC bought a new stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the 3rd quarter worth $201,000.

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.