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First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Shares Down 1.5% - Time to Sell?

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First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT - Get Free Report) fell 1.5% on Tuesday . The company traded as low as $93.18 and last traded at $93.40. 4,218 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 3,698 shares. The stock had previously closed at $94.87.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Price Performance

The stock has a 50 day moving average price of $96.33 and a two-hundred day moving average price of $94.99. The firm has a market capitalization of $111.65 million, a price-to-earnings ratio of 25.24 and a beta of 0.98.

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

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the fourth quarter valued at $2,722,000. BostonPremier Wealth LLC acquired a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the fourth quarter valued at $2,263,000. Susquehanna International Group LLP grew its stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 270.2% in the fourth quarter. Susquehanna International Group LLP now owns 24,221 shares of the company's stock valued at $2,255,000 after buying an additional 17,678 shares in the last quarter. Bank of America Corp DE grew its stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 4.5% in the fourth quarter. Bank of America Corp DE now owns 10,632 shares of the company's stock valued at $990,000 after buying an additional 453 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 3.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 6,363 shares of the company's stock valued at $593,000 after buying an additional 215 shares in the last quarter.

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About First Trust NASDAQ 100 Ex-Technology Sector Index Fund

(Get Free Report)

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.

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