First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW) Stock Short Interest Report for September

First Trust NASDAQ-100 Equal Weighted Index Fund (NASDAQ:QQEW) saw a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 12,227 shares, a decline of 79.1% from the September 15th total of 58,528 shares. Based on an average daily volume of 44,303 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

First Trust NASDAQ-100 Equal Weighted Index Fund Price Performance

Shares of QQEW stock traded up $1.00 during trading hours on Friday, reaching $163.87. 31,450 shares of the company’s stock were exchanged, compared to its average volume of 49,254. The company has a market cap of $1.92 billion, a P/E ratio of 27.18 and a beta of 1.08. The company’s 50 day moving average is $162.26 and its two-hundred day moving average is $151.95. First Trust NASDAQ-100 Equal Weighted Index Fund has a 1 year low of $122.38 and a 1 year high of $167.26.

Institutional Trading of First Trust NASDAQ-100 Equal Weighted Index Fund

A number of institutional investors have recently modified their holdings of QQEW. Kestra Advisory Services LLC raised its position in First Trust NASDAQ-100 Equal Weighted Index Fund by 3.4% in the first quarter. Kestra Advisory Services LLC now owns 133,973 shares of the company’s stock worth $17,011,000 after acquiring an additional 4,374 shares in the last quarter. Corient Private Wealth LP grew its stake in shares of First Trust NASDAQ-100 Equal Weighted Index Fund by 2,056.3% during the 2nd quarter. Corient Private Wealth LP now owns 85,194 shares of the company’s stock worth $13,597,000 after purchasing an additional 81,243 shares during the period. CX Institutional grew its stake in shares of First Trust NASDAQ-100 Equal Weighted Index Fund by 2.5% during the 3rd quarter. CX Institutional now owns 80,960 shares of the company’s stock worth $13,175,000 after purchasing an additional 1,999 shares during the period. Granite Bay Wealth Management LLC increased its holdings in shares of First Trust NASDAQ-100 Equal Weighted Index Fund by 9.5% in the 1st quarter. Granite Bay Wealth Management LLC now owns 62,858 shares of the company’s stock valued at $7,981,000 after purchasing an additional 5,471 shares in the last quarter. Finally, Rockefeller Capital Management L.P. grew its position in First Trust NASDAQ-100 Equal Weighted Index Fund by 61.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 40,516 shares of the company’s stock worth $5,759,000 after buying an additional 15,375 shares during the period.

About First Trust NASDAQ-100 Equal Weighted Index Fund

The First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQEW was launched on Apr 19, 2006 and is managed by First Trust.