First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Stock Price Up 0.2% – What’s Next?

Shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) were up 0.2% during mid-day trading on Monday . The company traded as high as $96.68 and last traded at $96.61. Approximately 1,924 shares traded hands during mid-day 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 Stock Up 0.2 %

The stock has a market cap of $115.93 million, a P/E ratio of 27.29 and a beta of 0.98. The firm has a 50 day simple moving average of $95.78 and a 200-day simple moving average of $93.16.

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

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in QQXT. Kraft Davis & Associates LLC acquired a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the third quarter valued at approximately $201,000. Jane Street Group LLC bought a new position in First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 3rd quarter worth $311,000. Finally, International Assets Investment Management LLC raised its holdings in First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9,205.7% in the 3rd quarter. International Assets Investment Management LLC now owns 193,559 shares of the company’s stock valued at $18,013,000 after acquiring an additional 191,479 shares in 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.