The First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) made its debut on 02/08/2007, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Growth category of the market.
Launched on February 8, 2007, the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Growth segment of the US equity market.
Looking for broad exposure to the Large Cap Growth segment of the US equity market? You should consider the First Trust NASDAQ-100 Ex-Technology Sector ETF (QQXT), a passively managed exchange traded fund launched on February 8, 2007.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 906 | $87,992.72 | $89,626.05 | $1,633.33 | 1.86% |
| RS Richard Slavik Newbridge Financial Services Group Inc. | 200 | $19,760 | $19,773 | $13 | 0.07% |
| CAL CoreCap Advisors LLC CoreCap Advisors LLC | 170 | $15,741.3 | $16,742.45 | $1,001.15 | 6.36% |
Barry Oliver Capital Performance Advisors LLP | 182,083 | $17.77M | $17.94M | $167,516.36 | 0.94% |
| RS Radon Stancil POM Investment Strategies LLC | 11 | $1,024 | $1,083.94 | $59.94 | 5.85% |
| NASDAQ (NMS) Exchange | US Country |
This financial entity is structured as an investment fund primarily focusing on replicating the performance of a specific market index, minus the technology sector, according to a particular classification system. By dedicating at least 90% of its net assets, including funds acquired through investment borrowings, into the equities that construct the index, the fund aims to provide investment outcomes that closely correspond to the aggregate price and yield performance of the non-technology segment of the NASDAQ-100 Index®. The NASDAQ-100 Index® is well-known for comprising 100 of the largest non-financial companies listed on the NASDAQ stock exchange based on market capitalization. The unique strategy of excluding technology stocks is facilitated through adherence to the Industry Classification Benchmark (ICB) system, which categorizes industries and sectors globally. This approach allows the fund to offer a diversified investment product, targeting investors looking to gain exposure to a broad range of sectors excluding technology.
This product is designed for investors aiming to invest in the equities market minus the technology sector. Using the Industry Classification Benchmark to filter out technology companies, the fund invests in a diversified portfolio of non-technology stocks from the NASDAQ-100 Index®. This includes companies from a wide range of industries such as health care, consumer goods, industrial, and others, providing investors with broad market exposure.
In contrast to market capitalization weighted indexes, this fund employs an equal-weighted indexing strategy for the securities within its portfolio. This means each company within the fund is given equal importance irrespective of its market size. This approach can possibly reduce the risk of market concentration in a few large companies and offer a more balanced portfolio exposure to the investors.