From MarketBeat:

According to MarketBeat, the First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW) saw a significant increase in short interest in December, with 165,300 shares representing a nearly 90% increase from December 15th. This increase resulted in a days-to-cover ratio of 1.3 days based on an average daily trading volume of 130,800 shares.

Several hedge funds, including Total Investment Management Inc., AdvisorShares Investments LLC, Osaic Holdings Inc., Wells Fargo & Company MN, and LPL Financial LLC, have made changes to their positions in First Trust NASDAQ 100 Equal Weighted Index Fund. Total Investment Management Inc. raised its holdings by 14,923.2%, and others made similar significant changes.

The stock of First Trust NASDAQ 100 Equal Weighted Index Fund (NASDAQ:QQEW) traded flat at $116.70 on Friday, with 81,925 shares changing hands. The company has a 52-week low of $91.15 and a high of $118.41, along with a market cap of $2.25 billion, a P/E ratio of 22.19, and a beta of 1.05.

First Trust NASDAQ 100 Equal Weighted Index Fund reported an increased dividend, paying out $0.3229 on December 29th to shareholders of record on December 26th, marking a significant boost from the previous $0.16 dividend.

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



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