The First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) was launched on April 19, 2006, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
Making its debut on 04/19/2006, smart beta exchange traded fund First Trust NASDAQ-100 Select Equal Weight ETF (QQEW) provides investors broad exposure to the Style Box - Large Cap Growth category of the market.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Select Equal Weight ETF (QQEW), a passively managed exchange traded fund launched on April 19, 2006.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 2,217 | $260,928.4 | $347,414.98 | $86,486.58 | 33.15% |
| TMB Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 233 | $32,980.63 | $36,512.26 | $3,531.63 | 10.71% |
| BS Barrett Schultz Ashton Thomas Securities LLC | 10,375 | $1.32M | $1.63M | $308,464.37 | 23.42% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 4,953 | $614,446.84 | $773,584.3 | $159,137.46 | 25.9% |
Jeff Ameen Spire Wealth Management | 19,341 | $2.42M | $3.05M | $624,253.07 | 25.79% |
| NASDAQ (NMS) Exchange | US Country |
The fund is designed for investors looking to gain exposure to the performance of 100 of the largest U.S. and international non-financial companies listed on the Nasdaq. It achieves this by investing at least 90% of its net assets in securities that make up an equal-weighted version of the NASDAQ-100 Index®, ensuring a diversified investment in market-leading companies based on market capitalization. This approach provides a different risk and return profile compared to funds tracking market capitalization-weighted indexes.
Investment in Equal-Weighted NASDAQ-100 Index®
This service involves the fund’s core strategy of investing in the securities that constitute the equal-weighted version of the NASDAQ-100 Index®. It targets the 100 largest U.S. and international non-financial companies listed on Nasdaq, based on market capitalization. This product is designed for investors seeking diversified exposure to leading companies in sectors such as technology, retail, and biotechnology, among others, without the concentration risk typically associated with market-cap-weighted indexes.