What Investors Should Know About This $8 Million Tech ETF Sale Last Quarter

nasdaq
2026.03.17 01:00
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NewSquare Capital sold 33,575 shares of the First Trust NASDAQ-100-Technology Sector Index Fund (NASDAQ:QTEC) in Q4 2026, valued at approximately $7.83 million. The position's value decreased by $7.67 million due to trading and price changes. After the sale, NewSquare held 66,164 shares worth $15.23 million. QTEC aims to track the NASDAQ-100 Technology Sector Index with an equal-weighted approach, promoting diversification. Despite recent performance improvements, the fund has underperformed the S&P 500 over the past year. Analysts suggest considering other investment options as QTEC was not included in a recent top stock recommendation list.