First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC) Share Price Down 0.1%

Shares of First Trust NASDAQ 100 Technology Index Fund (NASDAQ:QTEC – Get Free Report ) traded up 0.1% on Wednesday. The stock traded as high as $188.43 and last traded at $189.00. 47,640 shares traded hands during trading, down 57% from the session’s average volume of 110,678 shares. Shares previously closed at $189.21.

First Trust NASDAQ 100 Technology Index Fund’s stock fell 0.1%

The stock has a market cap of $3.94 billion, a PE ratio of 35.60 and a beta of 1.17. The stock has a fifty day moving average of $185.30 and a 200 day moving average of $188.82.

Institutional inputs and outputs

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Concentrum Wealth Management raised its stake in shares of First Trust NASDAQ 100 Technology Index Fund by 3.6% in the fourth quarter. Concentrum Wealth Management now owns 18,999 shares of the company’s stock worth $3,334,000 after acquiring an additional 667 shares during the period. PNC Financial Services Group Inc. boosted its holdings in First Trust NASDAQ 100 Technology Index Fund by 4.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 10,168 shares of the company’s stock worth $1,784,000 after buying an additional 387 shares during the last quarter. Assetmark Inc. lifted its position in First Trust NASDAQ 100 Technology Index Fund by 25.7% in the fourth quarter. Assetmark Inc. now owns 5,827 shares of the company’s stock valued at $1,022,000 after purchasing an additional 1,193 shares during the period. Orion Portfolio Solutions LLC acquired a new stake in First Trust NASDAQ 100 Technology Index Fund in the 4th quarter valued at about $521,000. Finally, Steward Partners Investment Advisory LLC raised its position in First Trust NASDAQ 100 Technology Index Fund by 11.4% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 3,988 shares of the company’s stock valued at $700,000. USD after buying an additional 408 shares during the period.

About the First Trust NASDAQ 100 Technology Index Fund

(Get a 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 19 April 2006 and is managed by First Trust.

Further reading

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