First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $210.92 and last traded at $210.67, with a volume of 91656 shares trading hands. The stock had previously closed at $207.80.
First Trust NASDAQ 100 Technology Index Fund Stock Performance
The stock has a market cap of $4.00 billion, a PE ratio of 32.35 and a beta of 1.15. The business's fifty day moving average price is $197.22 and its 200-day moving average price is $192.84.
Hedge Funds Weigh In On First Trust NASDAQ 100 Technology Index Fund
A number of institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP boosted its holdings in shares of First Trust NASDAQ 100 Technology Index Fund by 2.1% in the fourth quarter. First Trust Advisors LP now owns 4,296,257 shares of the company's stock worth $808,899,000 after buying an additional 90,302 shares during the last quarter. International Assets Investment Management LLC raised its stake in First Trust NASDAQ 100 Technology Index Fund by 22,919.1% during the 3rd quarter. International Assets Investment Management LLC now owns 2,726,386 shares of the company's stock worth $521,585,000 after acquiring an additional 2,714,542 shares during the period. Raymond James Financial Inc. bought a new stake in First Trust NASDAQ 100 Technology Index Fund during the 4th quarter worth approximately $93,018,000. Envestnet Asset Management Inc. raised its stake in First Trust NASDAQ 100 Technology Index Fund by 4.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 187,171 shares of the company's stock worth $35,240,000 after acquiring an additional 7,828 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in First Trust NASDAQ 100 Technology Index Fund by 4.2% during the 4th quarter. JPMorgan Chase & Co. now owns 173,463 shares of the company's stock worth $32,660,000 after acquiring an additional 6,922 shares during the period.
First Trust NASDAQ 100 Technology Index Fund Company Profile
(
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The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is managed by First Trust.
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