First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC) Sets New 52-Week High – Still a Buy?

Posted by Trevor Kearing on Jun 22nd, 2026

First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC – Get Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as $338.60 and last traded at $338.02, with a volume of 6425 shares. The stock had previously closed at $335.18.

First Trust NASDAQ-100 Technology Sector Index Fund Stock Performance

The stock has a market capitalization of $3.90 billion, a P/E ratio of 35.79 and a beta of 1.43. The firm has a 50-day moving average price of $289.20 and a 200 day moving average price of $250.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of QTEC. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 4,503.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,212,773 shares of the company’s stock valued at $509,402,000 after acquiring an additional 2,164,710 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of First Trust NASDAQ-100 Technology Sector Index Fund in the fourth quarter worth about $18,140,000. Jane Street Group LLC increased its holdings in First Trust NASDAQ-100 Technology Sector Index Fund by 176.6% during the 1st quarter. Jane Street Group LLC now owns 28,691 shares of the company’s stock valued at $4,980,000 after purchasing an additional 66,133 shares during the period. Two Sigma Investments LP bought a new position in First Trust NASDAQ-100 Technology Sector Index Fund during the 3rd quarter valued at approximately $14,492,000. Finally, Marshall Wace LLP raised its position in First Trust NASDAQ-100 Technology Sector Index Fund by 60.5% during the 4th quarter. Marshall Wace LLP now owns 158,656 shares of the company’s stock valued at $36,524,000 after purchasing an additional 59,795 shares during 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.