Tech ETF Gained 25% in One Year; Fund Sold It Off

On January 15, Guided Capital Wealth Management disclosed the sale of its entire holding of 12,639 shares in the First Trust NASDAQ-100 Technology Sector Index Fund (NASDAQ:QTEC), valued at approximately $2.90 million. The transaction was reported in a filing with the Securities and Exchange Commission, indicating no remaining shares of QTEC at the end of the quarter. This marks a significant divestment from the tech-focused fund. Further details on the fund’s top holdings were not provided.

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