First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Stock Short Interest Report for October

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 826 shares, a decline of 49.8% from the September 30th total of 1,644 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 14,785 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in QQXT. Integrated Wealth Concepts LLC purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 2nd quarter worth about $28,000. Citadel Advisors LLC raised its stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% in the 2nd quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock valued at $1,908,000 after acquiring an additional 10,209 shares during the period. Cetera Investment Advisers lifted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% during the first quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock valued at $354,000 after purchasing an additional 254 shares during the last quarter. Earned Wealth Advisors LLC lifted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% during the first quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock valued at $17,776,000 after purchasing an additional 2,345 shares during the last quarter. Finally, Independent Financial Group LLC purchased a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the 1st quarter valued at approximately $254,000.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Stock Up 0.1%

First Trust NASDAQ-100 Ex-Technology Sector Index Fund stock traded up $0.08 during trading on Friday, hitting $100.01. The stock had a trading volume of 4,972 shares, compared to its average volume of 8,555. The stock’s 50 day moving average is $99.18 and its two-hundred day moving average is $99.47. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 1 year low of $95.51 and a 1 year high of $105.03. The stock has a market cap of $135.01 million, a price-to-earnings ratio of 23.20 and a beta of 0.83.

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

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were paid a $0.1919 dividend. The ex-dividend date was Thursday, September 24th. This is a boost from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.1870. This represents a $0.77 annualized dividend and a dividend yield of 0.8%.

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.