Welcome to our dedicated page for First Trust NASDAQ-100 Equal Wtd ETF news (Ticker: QQEW), a resource for investors and traders seeking the latest updates and insights on First Trust NASDAQ-100 Equal Wtd ETF stock.
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) generates news that centers on its index methodology, shareholder approvals, and governance decisions within the First Trust Exchange-Traded Fund trust. News and announcements have described how the fund has historically tracked the NASDAQ-100 Equal Weighted™ Index and how shareholders have approved a change in its investment objective so that it will instead seek to track the Nasdaq-100 Select Equal Weight™ Index.
Coverage of QQEW often focuses on changes to its underlying index and investment policies. For example, proxy and press materials explain that the new Nasdaq-100 Select Equal Weight™ Index selects fifty companies from the Nasdaq-100 Index® based on blended quality and growth scores using metrics such as revenue growth, forward earnings growth, free cash flow growth, return on equity, and profit margin. News related to these changes may discuss how the fund’s policy will shift from normally investing at least 90% of net assets in the current index constituents to normally investing at least 80% of net assets in the securities that comprise the new index.
Another recurring theme in QQEW news is the fund’s fee and governance structure. Shareholder communications describe the approval of a new investment management agreement that introduces a unitary fee arrangement, under which First Trust Advisors L.P. receives a single fee and assumes responsibility for most fund expenses, subject to specified exclusions. Articles may also cover special meetings of shareholders, trustee elections or re-elections, and the rationale provided by the Board of Trustees and the advisor for proposed changes.
Investors following QQEW’s news can use this information to monitor developments in its index methodology, expense structure, and governance framework. The news feed can be revisited to review how shareholder votes, proxy proposals, and advisor recommendations shape the fund’s investment objective and operational approach over time.
First Trust (Nasdaq: QQEW) announced shareholders approved a change to the Fund’s investment objective and a new investment management agreement, effective on or around December 22, 2025.
The Fund will track the Nasdaq-100 Select Equal Weight™ Index (50 companies selected by blended quality and growth scores) and will be renamed First Trust Nasdaq-100 Select Equal Weight ETF. The Fund’s 90% current-index investment policy will be modified to normally invest at least 80% of net assets in the New Index. Cusip and ticker are not expected to change.
Under the new agreement the Fund will pay a unitary management fee starting at 0.55% of average daily net assets (versus the current 0.40% management fee plus other operating expenses); FTA will also assume responsibility for most Fund expenses. FTA reported $299 billion AUM as of September 30, 2025.
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