First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Shares Up 1.3% – What’s Next?

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) rose 1.3% during trading on Thursday. The company traded as high as $99.29 and last traded at $99.26. Approximately 15,428 shares were traded during mid-day trading, an increase of 83% from the average session volume of 8,416 shares. The stock had previously closed at $97.99.

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

The stock has a market capitalization of $143.93 million, a P/E ratio of 23.20 and a beta of 0.83. The firm has a 50-day moving average of $99.98 and a 200 day moving average of $99.06.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.1919 per share. The ex-dividend date of this dividend was Thursday, September 24th. This is a positive change from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.1870. This represents a $0.77 dividend on an annualized basis and a yield of 0.8%.

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

A number of large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 2nd quarter worth about $28,000. Citadel Advisors LLC boosted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% during the second quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock worth $1,908,000 after buying an additional 10,209 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% during the first quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock worth $354,000 after purchasing an additional 254 shares in the last quarter. Earned Wealth Advisors LLC lifted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% during the first quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock worth $17,776,000 after acquiring an additional 2,345 shares in the last quarter. Finally, Independent Financial Group LLC acquired a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the first quarter valued at approximately $254,000.

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.