First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) Announces $0.20 Quarterly Dividend

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) declared a quarterly dividend on Wednesday, March 25th. Investors of record on Thursday, March 26th will be paid a dividend of 0.2015 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Thursday, March 26th.

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

Shares of NASDAQ:QQXT opened at $97.81 on Thursday. First Trust NASDAQ-100 Ex-Technology Sector Index Fund has a 1-year low of $83.08 and a 1-year high of $104.06. The company has a market capitalization of $195.62 million, a P/E ratio of 23.20 and a beta of 0.94. The firm’s 50 day simple moving average is $100.64 and its two-hundred day simple moving average is $99.51.

Institutional Trading of First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Hedge funds have recently modified their holdings of the company. Regal Investment Advisors LLC increased its holdings in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 6.9% in the 4th quarter. Regal Investment Advisors LLC now owns 8,205 shares of the company’s stock worth $815,000 after buying an additional 530 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 3,597.4% in the 4th quarter. Tower Research Capital LLC TRC now owns 17,341 shares of the company’s stock valued at $1,723,000 after acquiring an additional 16,872 shares during the last quarter. &PARTNERS purchased a new position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the fourth quarter worth about $444,000. Royal Bank of Canada grew its position in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 28.5% in the fourth quarter. Royal Bank of Canada now owns 72,793 shares of the company’s stock worth $7,233,000 after acquiring an additional 16,150 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the fourth quarter worth approximately $434,000.

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.