Technology sector

First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC) Brief Interest Update


The First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC – Get Rating) saw strong short-term interest growth in May. As of May 15, there were short interests totaling 21,000 shares, a growth of 65.4% from the total of 12,700 shares as of April 30. Based on an average trading volume of 339,900 shares, the short-term interest rate ratio is currently 0.1 day.

Hedge funds and other institutional investors have recently changed their positions in the company. Comprehensive Financial Consultants Institutional Inc. bought a new stock position in the First Trust NASDAQ-100-Technology Sector Index Fund in Q4, valued at around $28,000. Trust Co. of Vermont acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in Q4, valued at approximately $33,000. SouthState Corp acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in Q1 worth approximately $29,000. Intelligent Financial Strategies acquired a new stake in First Trust NASDAQ-100-Technology Sector Index Fund in Q4, valued at approximately $40,000. Finally, Wagner Wealth Management LLC increased its stake in First Trust NASDAQ-100-Technology Sector Index Fund by 453.5% in the 4th quarter. Wagner Wealth Management LLC now owns 238 shares of the company valued at $42,000 after purchasing an additional 195 shares in the last quarter.

Shares of NASDAQ QTEC traded at $5.23 midday on Friday, hitting $130.71. The company had a trading volume of 80,238 shares, compared to an average volume of 274,419. The company has a 50-day simple moving average of $136.15 and a two-hundred-day simple moving average of 152.62 $. The First Trust NASDAQ-100-Technology Sector Index Fund has a 1-year low of $114.00 and a 1-year high of $181.83.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31. Shareholders of record on Monday, March 28 received a dividend of $0.011. This represents an annualized dividend of $0.04 and a dividend yield of 0.03%. The ex-dividend date was Friday, March 25.

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