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First Trust NASDAQ-100-Technology Sector Index Fund Experiences Big Outflow

Source: Nasdaq

Market Technicals & FlowsTechnology & Innovation

First Trust NASDAQ-100-Technology Sector Index Fund (QTEC) recorded an estimated $675.9 million weekly outflow, reflecting a decline in shares outstanding. The withdrawal signals modestly negative investor flows for the technology-sector ETF, though the excerpt provides no broader market or fundamental catalyst.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

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