First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Trading 1.1% Higher

Shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) rose 1.1% during mid-day trading on Thursday . The company traded as high as $93.54 and last traded at $93.16. Approximately 3,255 shares traded hands during trading, a decline of 54% from the average daily volume of 7,125 shares. The stock had previously closed at $92.13.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Stock Down 0.3 %

The company has a 50 day simple moving average of $90.10 and a 200 day simple moving average of $89.12. The company has a market capitalization of $134.70 million, a price-to-earnings 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 announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were given a dividend of $0.2556 per share. This represents a $1.02 dividend on an annualized basis and a yield of 1.10%. The ex-dividend date of this dividend was Thursday, June 27th.

Institutional Investors Weigh In On First Trust NASDAQ 100 Ex-Technology Sector Index Fund

Several large investors have recently made changes to their positions in QQXT. International Assets Investment Management LLC acquired a new stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the second quarter valued at approximately $183,000. Fortune Financial Advisors LLC grew 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 purchasing an additional 875 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 34,845 shares of the company’s stock worth $3,173,000 after buying an additional 2,866 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 54.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 36,533 shares of the company’s stock worth $3,220,000 after buying an additional 12,917 shares in the last quarter. Finally, UBS Group AG boosted its position in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 16.8% in the 4th quarter. UBS Group AG now owns 87,361 shares of the company’s stock valued at $7,699,000 after buying an additional 12,580 shares during 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.