First Trust NASDAQ 100 Equal Weighted Index Fund (QQEW) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $126.38 to $127.84
• 50-Day Range: $122.03 to $130.81
• 52-Week Range: $108.01 to $130.95
• Volume: 44,861 shs
• Average Volume: 92,055 shs
• Market Capitalization: $1.96 billion
• Assets Under Management: $1.92 billion
• Dividend Yield: 0.70%
• Net Expense Ratio: 0.57%
• Aggregate Rating: Moderate Buy

QQEW ETF - Frequently Asked Questions

How have QQEW shares performed this year?

First Trust NASDAQ 100 Equal Weighted Index Fund's stock was trading at $117.45 at the beginning of 2024. Since then, QQEW stock has increased by 8.8% and is now trading at $127.84.
View the best growth stocks for 2024 here.

Who are First Trust NASDAQ 100 Equal Weighted Index Fund's major shareholders?

Top institutional shareholders of First Trust NASDAQ 100 Equal Weighted Index Fund include Raymond James & Associates (5.08%), LPL Financial LLC (4.97%), Good Life Advisors LLC (1.59%) and Atlas Private Wealth Advisors (1.25%).

How do I buy shares of First Trust NASDAQ 100 Equal Weighted Index Fund?

Shares of QQEW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of First Trust NASDAQ 100 Equal Weighted Index Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust NASDAQ 100 Equal Weighted Index Fund investors own include Waste Connections (WCN), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust NASDAQ 100 Equal Weighted Index Fund
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:QQEW
• Inception Date: 4/19/2006
• Fund Manager: Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin, Stan Ueland, Chris A. Peterson
• Web: N/A
• Phone: 14089961010

Fund Focus

• Asset Class: Equity
• Benchmark: NASDAQ-100 Equal Weighted Index
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 101

Fund Statistics

• Assets Under Management: $1.92 billion
• Average Daily Volume: $60,710.30
• Discount/Premium: -0.10%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: First Trust Advisors L.P.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: RBC Capital Markets

Options

• Optionable: Optionable
• Options Volume: 1
• Put Options: 1
• Call Options: 1
• Short Interest: 79,900 shs

Miscellaneous

• Outstanding Shares: 15,350,000
• Beta: 1.05
• Creation Unit: 50,000
• Creation Fee: $1,000.00