The First Trust NASDAQ-100 Equal Weight Index Fund (NASDAQ: QQEW – News) is launching today. This
exchange-traded fund is designed to replicate the holdings and weightings of the
NASDAQ-100 Equal Weighted Index, an equal weighted version of the NASDAQ-100
Index which includes 100 of the largest non-financial securities listed on The
NASDAQ Stock Market based on market capitalization.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.