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: $120.85 to $122.86
• 50-Day Range: $121.34 to $136.10
• 52-Week Range: $113.15 to $136.19
• Volume: 162,950 shs
• Average Volume: 79,565 shs
• Market Capitalization: $1.77 billion
• Assets Under Management: $1.78 billion
• Dividend Yield: 0.58%
• 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 $124.96 at the beginning of 2025. Since then, QQEW stock has decreased by 2.6% and is now trading at $121.69.
View the best growth stocks for 2025 here.

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

First Trust NASDAQ 100 Equal Weighted Index Fund's top institutional investors include Wells Fargo & Company MN (7.63%), Raymond James Financial Inc. (6.49%), LPL Financial LLC (5.83%) and Bank of America Corp DE (2.19%).

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.

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: 102

Fund Statistics

• Assets Under Management: $1.78 billion
• Average Daily Volume: $92,815.00
• Discount/Premium: -0.06%

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: N/A
• Short Interest: 107,300 shs

Miscellaneous

• Outstanding Shares: 14,550,000
• Beta: 1.05
• Creation Unit: 50,000
• Creation Fee: $1,000.00