First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC) Sets New 1-Year High – Should You Buy?

Posted by Donna Armstrong on Jan 28th, 2026

First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC – Get Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $246.30 and last traded at $246.30, with a volume of 223 shares changing hands. The stock had previously closed at $242.23.

First Trust NASDAQ-100 Technology Sector Index Fund Stock Performance

The company has a market cap of $3.12 billion, a P/E ratio of 35.79 and a beta of 1.27. The stock has a 50-day moving average of $233.72 and a two-hundred day moving average of $227.15.

Hedge Funds Weigh In On First Trust NASDAQ-100 Technology Sector Index Fund

A number of large investors have recently added to or reduced their stakes in the business. Hughes Financial Services LLC increased its holdings in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 78.5% in the second quarter. Hughes Financial Services LLC now owns 116 shares of the company’s stock worth $25,000 after buying an additional 51 shares during the period. Logan Capital Management Inc. purchased a new position in First Trust NASDAQ-100 Technology Sector Index Fund in the 3rd quarter worth approximately $27,000. Creative Capital Management Investments LLC purchased a new position in First Trust NASDAQ-100 Technology Sector Index Fund in the 2nd quarter worth approximately $32,000. Trust Co. of Vermont bought a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the second quarter valued at approximately $33,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund during the second quarter valued at approximately $36,000.

First Trust NASDAQ-100 Technology Sector Index Fund Company Profile

(Get Free Report)

The First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) is an exchange-traded fund that is based on the NASDAQ-100 Technology Sector index. The fund tracks an equal-weighted index of the largest Nasdaq-listed US technology stocks. QTEC was launched on Apr 19, 2006 and is managed by First Trust.