First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Stock Short Interest Report for October

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 826 shares, a drop of 49.8% from the September 30th total of 1,644 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 14,785 shares, the days-to-cover ratio is presently 0.1 days.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Up 1.8%

NASDAQ QQXT traded up $1.77 on Monday, hitting $101.78. The stock had a trading volume of 1,771 shares, compared to its average volume of 8,522. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a one year low of $95.51 and a one year high of $105.03. The stock has a market cap of $137.40 million, a price-to-earnings ratio of 23.20 and a beta of 0.83. The company’s 50-day moving average is $99.18 and its two-hundred day moving average is $99.47.

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. Investors of record on Thursday, September 24th were issued a $0.1919 dividend. The ex-dividend date of this dividend was Thursday, September 24th. This is an increase from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.1870. This represents a $0.77 annualized dividend and a yield of 0.8%.

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

Large investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC purchased a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the third quarter valued at $796,000. Integrated Wealth Concepts LLC purchased a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 2nd quarter worth about $28,000. Citadel Advisors LLC grew its position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% in the second quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock worth $1,908,000 after acquiring an additional 10,209 shares in the last quarter. Cetera Investment Advisers increased its position in 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 buying an additional 254 shares during the last quarter. Finally, Earned Wealth Advisors LLC lifted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% in the 1st quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock worth $17,776,000 after purchasing an additional 2,345 shares during the last quarter.

About First Trust NASDAQ-100 Ex-Technology Sector Index Fund

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.