First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Trading 0.2% Higher – Time to Buy?

First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) shares rose 0.2% on Monday . The stock traded as high as $98.93 and last traded at $98.63. Approximately 4,282 shares were traded during trading, a decline of 1% from the average daily volume of 4,306 shares. The stock had previously closed at $98.45.

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

The company’s 50-day simple moving average is $95.75 and its two-hundred day simple moving average is $93.98. The firm has a market cap of $118.36 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 firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a $0.2056 dividend. The ex-dividend date was Friday, December 13th.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC raised its holdings in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9,205.7% in the 3rd quarter. International Assets Investment Management LLC now owns 193,559 shares of the company’s stock worth $18,013,000 after purchasing an additional 191,479 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the fourth quarter worth about $2,722,000. BostonPremier Wealth LLC bought a new stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 4th quarter valued at approximately $2,263,000. Susquehanna International Group LLP grew its holdings in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 270.2% during the 4th quarter. Susquehanna International Group LLP now owns 24,221 shares of the company’s stock worth $2,255,000 after acquiring an additional 17,678 shares during the period. Finally, Bank of America Corp DE raised its position in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 4.5% in the 4th quarter. Bank of America Corp DE now owns 10,632 shares of the company’s stock worth $990,000 after acquiring an additional 453 shares in the last quarter.

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.