First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Plans Quarterly Dividend of $0.19

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) announced a quarterly dividend on Wednesday, September 23rd. Stockholders of record on Thursday, September 24th will be paid a dividend of 0.1919 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 24th. This is a 2.6% increase from First Trust NASDAQ-100 Ex-Technology Sector Index Fund’s previous quarterly dividend of $0.19.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Price Performance

Shares of QQXT stock traded down $0.20 during trading hours on Thursday, reaching $96.88. The company had a trading volume of 1,629 shares, compared to its average volume of 8,085. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 12 month low of $95.86 and a 12 month high of $105.03. The business has a fifty day simple moving average of $100.86 and a 200-day simple moving average of $99.25. The company has a market cap of $145.32 million, a price-to-earnings ratio of 23.20 and a beta of 0.82.

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

Institutional investors have recently modified their holdings of the business. Citadel Advisors LLC boosted its position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% in the second quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock worth $1,908,000 after purchasing an additional 10,209 shares during the last quarter. Equitable Trust Co. purchased a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter valued at $351,000. Independent Financial Group LLC purchased a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 1st quarter valued at $254,000. Earned Wealth Advisors LLC raised its stake 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 worth $17,776,000 after purchasing an additional 2,345 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the 2nd quarter worth $28,000.

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.