Shares of First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW - Get Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as $136.14 and last traded at $136.10, with a volume of 47605 shares traded. The stock had previously closed at $134.79.
First Trust NASDAQ 100 Equal Weighted Index Fund Stock Down 2.0 %
The firm's fifty day moving average price is $129.54 and its 200 day moving average price is $127.10. The stock has a market cap of $1.93 billion, a PE ratio of 28.27 and a beta of 1.03.
First Trust NASDAQ 100 Equal Weighted Index Fund Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.1439 per share. The ex-dividend date was Friday, December 13th.
Institutional Investors Weigh In On First Trust NASDAQ 100 Equal Weighted Index Fund
A number of hedge funds have recently bought and sold shares of the business. Raymond James Financial Inc. purchased a new stake in First Trust NASDAQ 100 Equal Weighted Index Fund during the fourth quarter valued at $119,160,000. LPL Financial LLC raised its stake in First Trust NASDAQ 100 Equal Weighted Index Fund by 12.2% during the fourth quarter. LPL Financial LLC now owns 856,301 shares of the company's stock valued at $107,003,000 after purchasing an additional 92,847 shares in the last quarter. Royal Bank of Canada raised its stake in First Trust NASDAQ 100 Equal Weighted Index Fund by 22.9% during the fourth quarter. Royal Bank of Canada now owns 285,192 shares of the company's stock valued at $35,638,000 after purchasing an additional 53,231 shares in the last quarter. Gratus Wealth Advisors LLC raised its stake in First Trust NASDAQ 100 Equal Weighted Index Fund by 0.7% during the fourth quarter. Gratus Wealth Advisors LLC now owns 193,504 shares of the company's stock valued at $24,180,000 after purchasing an additional 1,270 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in First Trust NASDAQ 100 Equal Weighted Index Fund by 19.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 193,207 shares of the company's stock valued at $24,143,000 after purchasing an additional 31,219 shares in the last quarter.
About First Trust NASDAQ 100 Equal Weighted Index Fund
(
Get Free Report)
The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.
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