First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC) Trading Down 0.2% – Here’s What Happened

Posted by Francis Steltz on Aug 11th, 2026

First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC – Get Free Report) shares dropped 0.2% on Monday . The company traded as low as $315.73 and last traded at $315.85. Approximately 112,414 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 258,810 shares. The stock had previously closed at $316.59.

First Trust NASDAQ-100 Technology Sector Index Fund Trading Down 0.2%

The stock’s 50-day moving average price is $314.65 and its two-hundred day moving average price is $270.08. The stock has a market capitalization of $4.82 billion, a P/E ratio of 35.79 and a beta of 1.43.

First Trust NASDAQ-100 Technology Sector Index Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.0326 per share. This represents a $0.13 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, June 25th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust NASDAQ-100 Technology Sector Index Fund by 4,503.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,212,773 shares of the company’s stock valued at $509,402,000 after buying an additional 2,164,710 shares in the last quarter. LPL Financial LLC boosted its position in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 4.4% in the fourth quarter. LPL Financial LLC now owns 632,066 shares of the company’s stock valued at $145,508,000 after acquiring an additional 26,878 shares during the period. Morgan Stanley boosted its position in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 0.8% in the fourth quarter. Morgan Stanley now owns 621,138 shares of the company’s stock valued at $142,992,000 after acquiring an additional 4,735 shares during the period. UBS Group AG boosted its position in shares of First Trust NASDAQ-100 Technology Sector Index Fund by 5.1% in the fourth quarter. UBS Group AG now owns 272,008 shares of the company’s stock valued at $62,619,000 after acquiring an additional 13,285 shares during the period. Finally, Royal Bank of Canada grew its stake in First Trust NASDAQ-100 Technology Sector Index Fund by 7.4% during the fourth quarter. Royal Bank of Canada now owns 184,306 shares of the company’s stock valued at $42,428,000 after acquiring an additional 12,751 shares in the last quarter.

First Trust NASDAQ-100 Technology Sector Index Fund Company Profile

(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.