First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC - Get Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as $163.92 and last traded at $165.17, with a volume of 182621 shares traded. The stock had previously closed at $176.49.
First Trust NASDAQ 100 Technology Index Fund Stock Down 2.4 %
The stock has a market capitalization of $2.95 billion, a price-to-earnings ratio of 31.09 and a beta of 1.17. The stock's 50-day simple moving average is $187.11 and its 200 day simple moving average is $191.74.
First Trust NASDAQ 100 Technology Index Fund Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.0083 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.03 dividend on an annualized basis and a yield of 0.02%.
Hedge Funds Weigh In On First Trust NASDAQ 100 Technology Index Fund
A number of institutional investors and hedge funds have recently bought and sold shares of the business. First Trust Advisors LP grew its holdings in First Trust NASDAQ 100 Technology Index Fund by 2.1% during the 4th quarter. First Trust Advisors LP now owns 4,296,257 shares of the company's stock worth $808,899,000 after acquiring an additional 90,302 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the fourth quarter valued at approximately $93,018,000. Envestnet Asset Management Inc. raised its position in First Trust NASDAQ 100 Technology Index Fund by 4.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 187,171 shares of the company's stock worth $35,240,000 after purchasing an additional 7,828 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings 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 buying an additional 6,922 shares in the last quarter. Finally, Allworth Financial LP boosted its position in First Trust NASDAQ 100 Technology Index Fund by 10,886.7% in the 4th quarter. Allworth Financial LP now owns 131,401 shares of the company's stock valued at $26,582,000 after buying an additional 130,205 shares during the last quarter.
First Trust NASDAQ 100 Technology Index Fund Company Profile
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Get Free Report)
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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