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First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC) Stock Price Down 0.1% - Here's What Happened

First Trust NASDAQ 100 Technology Index Fund logo with Manufacturing background

Shares of First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC - Get Free Report) fell 0.1% during mid-day trading on Monday . The stock traded as low as $191.30 and last traded at $192.99. 55,384 shares changed hands during trading, a decline of 51% from the average session volume of 112,510 shares. The stock had previously closed at $193.13.

First Trust NASDAQ 100 Technology Index Fund Price Performance

The firm has a 50 day simple moving average of $188.72 and a 200-day simple moving average of $189.20. The company has a market cap of $3.96 billion, a price-to-earnings ratio of 35.60 and a beta of 1.17.

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

Institutional investors have recently modified their holdings of the company. Pacifica Partners Inc. acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the third quarter valued at $25,000. Mather Group LLC. acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the first quarter valued at $36,000. IAG Wealth Partners LLC acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the second quarter valued at $36,000. ORG Wealth Partners LLC acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the third quarter valued at $39,000. Finally, Fifth Third Bancorp acquired a new stake in shares of First Trust NASDAQ 100 Technology Index Fund in the second quarter valued at $48,000.

First Trust NASDAQ 100 Technology Index Fund Company Profile

(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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