First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Trading 0.2% Higher – Here’s Why

Posted by Francis Steltz on Jan 29th, 2025

First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT – Get Free Report) shares were up 0.2% during trading on Monday . The company traded as high as $96.68 and last traded at $96.61. Approximately 1,924 shares were traded during trading, a decline of 13% from the average daily volume of 2,220 shares. The stock had previously closed at $96.39.

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

The stock has a market capitalization of $115.94 million, a PE ratio of 27.29 and a beta of 0.98. The stock’s fifty day moving average is $95.83 and its 200-day moving average is $93.25.

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

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

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Kraft Davis & Associates LLC acquired a new position in First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the 3rd quarter valued at about $201,000. Jane Street Group LLC purchased a new position in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 3rd quarter valued at approximately $311,000. BostonPremier Wealth LLC bought a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the 4th quarter valued at approximately $2,263,000. Finally, International Assets Investment Management LLC grew its stake in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9,205.7% during the 3rd quarter. International Assets Investment Management LLC now owns 193,559 shares of the company’s stock worth $18,013,000 after buying an additional 191,479 shares during the last quarter.

About First Trust NASDAQ 100 Ex-Technology Sector Index Fund

(Get Free Report)

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.