First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Stock Price Up 0.4% – Time to Buy?

Shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXTGet Free Report) were up 0.4% on Friday . The stock traded as high as $97.08 and last traded at $97.06. Approximately 19,799 shares changed hands during trading, a decline of 75% from the average daily volume of 77,657 shares. The stock had previously closed at $96.66.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Price Performance

The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 23.20 and a beta of 0.94. The business has a 50 day simple moving average of $98.43 and a 200-day simple moving average of $98.01.

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

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Thursday, September 25th were given a $0.1463 dividend. The ex-dividend date was Thursday, September 25th. This represents a $0.59 annualized dividend and a dividend yield of 0.6%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Burney Co. bought a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 1st quarter valued at $200,000. International Assets Investment Management LLC acquired a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the second quarter worth about $206,000. Kraft Davis & Associates LLC acquired a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the second quarter worth about $218,000. JPMorgan Chase & Co. bought a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the third quarter worth about $228,000. Finally, Claro Advisors LLC acquired a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 2nd quarter valued at approximately $236,000.

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

(Get Free Report)

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.

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