First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Trading Up 0.2% – Still a Buy?

First Trust NASDAQ 100 Ex-Technology Sector Index Fund (NASDAQ:QQXT)’s share price shot up 0.2% during trading on Monday . The company traded as high as $96.68 and last traded at $96.61. 1,924 shares traded hands during trading, a decline of 13% from the average session volume of 2,220 shares. The stock had previously closed at $96.39.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Trading Up 0.5 %

The stock’s fifty day moving average price is $95.83 and its 200 day moving average price is $93.25. The stock has a market cap of $115.94 million, a P/E ratio of 27.29 and a beta of 0.98.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2056 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Trading of First Trust NASDAQ 100 Ex-Technology Sector Index Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. BostonPremier Wealth LLC acquired a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 4th quarter worth about $2,263,000. Jane Street Group LLC purchased a new stake in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund in the third quarter valued at about $311,000. Kraft Davis & Associates LLC purchased a new position in First Trust NASDAQ 100 Ex-Technology Sector Index Fund during the 3rd quarter worth $201,000. Finally, International Assets Investment Management LLC increased its holdings in shares of First Trust NASDAQ 100 Ex-Technology Sector Index Fund by 9,205.7% in the 3rd quarter. International Assets Investment Management LLC now owns 193,559 shares of the company’s stock valued at $18,013,000 after purchasing an additional 191,479 shares in the last quarter.

First Trust NASDAQ 100 Ex-Technology Sector Index Fund Company Profile

The First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) is an exchange-traded fund that is based on the NASDAQ-100 Ex-Tech Sector index. The fund tracks an equal-weighted index of NASDAQ 100 stocks that excludes technology companies. QQXT was launched on Feb 8, 2007 and is managed by First Trust.