RFG Advisory LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 5,517 shares of the company's stock, valued at approximately $495,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Mutual Advisors LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 12.7% in the fourth quarter. Mutual Advisors LLC now owns 9,700 shares of the company's stock worth $891,000 after buying an additional 1,096 shares during the last quarter. Global Trust Asset Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $38,000. White Pine Investment CO lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 85.4% during the fourth quarter. White Pine Investment CO now owns 31,308 shares of the company's stock valued at $2,811,000 after buying an additional 14,420 shares in the last quarter. Amplius Wealth Advisors LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $281,000. Finally, Purus Wealth Management LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 29.8% in the fourth quarter. Purus Wealth Management LLC now owns 3,140 shares of the company's stock worth $282,000 after acquiring an additional 720 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance
NASDAQ QQQE traded up $0.12 on Tuesday, hitting $93.02. 270,234 shares of the stock were exchanged, compared to its average volume of 233,208. The company's 50-day moving average price is $92.79 and its two-hundred day moving average price is $90.47. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2402 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
About Direxion NASDAQ-100 Equal Weighted Index Shares
(
Free Report)
The Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) is an exchange-traded fund that is based on the NASDAQ-100 Equally Weighted index. The fund tracks an equal-weighted version of the NASDAQ 100. QQQE was launched on Mar 21, 2012 and is managed by Direxion.
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