First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC) Sets New 1-Year High – Here’s What Happened

Posted by Donald Scott on May 21st, 2026

First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC – Get Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $298.81 and last traded at $298.81, with a volume of 39632 shares trading hands. The stock had previously closed at $296.36.

First Trust NASDAQ-100 Technology Sector Index Fund Trading Up 1.1%

The stock has a market cap of $3.47 billion, a P/E ratio of 35.79 and a beta of 1.39. The company has a 50 day simple moving average of $246.34 and a 200 day simple moving average of $236.92.

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

Several institutional investors have recently bought and sold shares of the company. Western Wealth Management LLC bought a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the 1st quarter valued at approximately $176,000. NewEdge Advisors LLC lifted its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 16.2% in the 1st quarter. NewEdge Advisors LLC now owns 38,202 shares of the company’s stock valued at $8,251,000 after acquiring an additional 5,325 shares in the last quarter. IFS Group LLC bought a new stake in First Trust NASDAQ-100 Technology Sector Index Fund in the 1st quarter valued at approximately $296,000. Gateway Wealth Partners LLC lifted its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 117.2% in the 1st quarter. Gateway Wealth Partners LLC now owns 24,946 shares of the company’s stock valued at $5,388,000 after acquiring an additional 13,461 shares in the last quarter. Finally, Modern Wealth Management LLC lifted its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 1.7% in the 1st quarter. Modern Wealth Management LLC now owns 2,443 shares of the company’s stock valued at $535,000 after acquiring an additional 42 shares in the last quarter.

About First Trust NASDAQ-100 Technology Sector Index Fund

(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.