Welcome to our dedicated page for First Trust Nasdaq-100 Select Equal Weight ETF news (Ticker: QQEW), a resource for investors and traders seeking the latest updates and insights on First Trust Nasdaq-100 Select Equal Weight ETF stock.
First Trust Nasdaq-100 Select Equal Weight ETF (QQEW) reports fund-related developments for an exchange-traded fund series of First Trust Exchange-Traded Fund. News about QQEW centers on shareholder approvals, changes to investment objective, investment management agreements with First Trust Advisors L.P., and governance actions affecting the trust and its fund series.
The fund’s public updates also reference its exchange-traded structure, daily net asset value and closing price information, and the role of First Trust Advisors as federally registered investment advisor. Related First Trust entities provide ETF creation-unit distribution and other investment services across fund products.
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.