First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Trading Down 0.8% – Here’s What Happened

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT)’s share price traded down 0.8% during mid-day trading on Monday . The company traded as low as $96.62 and last traded at $96.67. 1,672 shares were traded during mid-day trading, a decline of 85% from the average session volume of 11,272 shares. The stock had previously closed at $97.49.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Trading Down 0.8%

The company has a market cap of $174.01 million, a PE ratio of 23.20 and a beta of 0.85. The firm’s 50-day simple moving average is $99.15 and its two-hundred day simple moving average is $99.54.

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

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a dividend of $0.2015 per share. This represents a $0.81 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend was Thursday, March 26th.

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

Large investors have recently bought and sold shares of the stock. Providence Capital Advisors LLC purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 4th quarter worth approximately $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 4th quarter worth approximately $27,000. JPMorgan Chase & Co. purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 3rd quarter worth approximately $228,000. Independent Financial Group LLC acquired a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter valued at approximately $254,000. Finally, Kovack Advisors Inc. lifted its stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 11.0% during the 3rd quarter. Kovack Advisors Inc. now owns 2,976 shares of the company’s stock valued at $294,000 after acquiring an additional 295 shares during the period.

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.