First Trust NASDAQ-100 Ex-Technology Sector Index Fund (QQXT) to Distribute Quarterly Dividend of $0.19 on September 30th

First Trust NASDAQ-100 Ex-Technology Sector Index Fund (NASDAQ:QQXT) declared a quarterly dividend on Wednesday, September 23rd. Shareholders of record on Thursday, September 24th will be given a dividend of $0.1919 per share on Wednesday, September 30th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date 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 $0.1870.

First Trust NASDAQ-100 Ex-Technology Sector Index Fund Trading Down 0.6%

QQXT stock opened at $96.50 on Friday. The stock has a market capitalization of $144.75 million, a price-to-earnings ratio of 23.20 and a beta of 0.82. The firm’s 50-day moving average price is $100.78 and its two-hundred day moving average price is $99.21. 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.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Earned Wealth Advisors LLC lifted its holdings in First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 1.3% in the 1st quarter. Earned Wealth Advisors LLC now owns 182,083 shares of the company’s stock worth $17,776,000 after buying an additional 2,345 shares during the period. Citadel Advisors LLC increased its stake in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 109.3% during the second quarter. Citadel Advisors LLC now owns 19,550 shares of the company’s stock valued at $1,908,000 after buying an additional 10,209 shares during the period. Cetera Investment Advisers raised its holdings in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund by 7.5% during the first quarter. Cetera Investment Advisers now owns 3,623 shares of the company’s stock valued at $354,000 after acquiring an additional 254 shares in the last quarter. Equitable Trust Co. bought a new position in shares of First Trust NASDAQ-100 Ex-Technology Sector Index Fund during the first quarter valued at approximately $351,000. Finally, Independent Financial Group LLC purchased a new stake in First Trust NASDAQ-100 Ex-Technology Sector Index Fund in the first quarter worth $254,000.

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.