First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Stock Price Down 0% – What’s Next?

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) shares were down 0% on Monday . The company traded as low as $97.50 and last traded at $98.1860. Approximately 2,462 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 10,346 shares. The stock had previously closed at $98.19.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Down 0.2%

The stock has a market capitalization of $175.86 million, a price-to-earnings ratio of 23.20 and a beta of 0.85. The business has a 50-day simple moving average of $98.24 and a two-hundred day simple moving average of $99.48.

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

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.2015 dividend. This represents a $0.81 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On First Trust NASDAQ-100 Ex-Technology Sector Index Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Cetera Investment Advisers lifted its position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% during the 1st quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock valued at $354,000 after acquiring an additional 254 shares during the last quarter. Earned Wealth Advisors LLC lifted its position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% during the 1st quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock valued at $17,776,000 after acquiring an additional 2,345 shares during the last quarter. Independent Financial Group LLC acquired a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter valued at $254,000. Equitable Trust Co. acquired a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter valued at $351,000. Finally, Regal Investment Advisors LLC lifted its position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 6.9% during the 4th quarter. Regal Investment Advisors LLC now owns 8,205 shares of the company’s stock valued at $815,000 after acquiring an additional 530 shares during the last quarter.

About First Trust NASDAQ-100 Ex-Technology Sector Index Fund

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.