Today were released First Trust NASDAQ-100- Technology Ix Fd (NASDAQ:QTEC)‘s weekly net flows. The ETF registered $701.36M weekly asset inflows for 96.83% increase, reaching $1425.68M last week. The chart of First Trust NASDAQ-100- Technology Ix Fd shows positive weekly setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net inflows create excess cash for managers to invest, which theoretically creates demand for the etf’s holdings. The stock increased 0.04% or $0.02 on November 18, hitting $51.94. About 550,722 shares traded hands. First Trust NASDAQ-100- Technology Ix Fd (NASDAQ:QTEC) has risen 22.88% since April 19, 2016 and is uptrending. It has outperformed by 19.02% the S&P500.
The ETF’s YTD performance is 21.07%, the 1 year is 19.46% and the 3 year is 17.12%.
The ETF’s average P/E ratio is 22.17, the price to book is 3.67, the price to sales is 3.22 and the price to cashflow is 12.3. First Trust NASDAQ-100- Technology Ix Fd is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Akamai Technologies Inc. for 3.79% of assets, NXP Semiconductors N.V. for 3.32%, NVIDIA Corporation for 3.15%, Check Point Software Technologi for 3.13%, QUALCOMM Incorporated for 3.03%, Adobe Systems Incorporated for 3.02%, NetEase Inc. – American Deposi for 3.00%, Autodesk Inc. for 2.97%, Western Digital Corporation for 2.96%, Microsoft Corporation for 2.91%. The ETF sector weights are: Technology 100.00%. The ETF currently as 0% yield.
Another recent and important First Trust NASDAQ-100- Technology Ix Fd (NASDAQ:QTEC) news was published by Etfdailynews.com which published an article titled: “This Technology ETF Is Killing The QQQ In Terms of Performance” on November 15, 2016.
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