Atria Investments Inc Purchases Shares of 24,130 Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Atria Investments Inc purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,130 shares of the company's stock, valued at approximately $2,177,000. Atria Investments Inc owned approximately 0.17% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. White Pine Investment CO lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.8% during the 2nd quarter. White Pine Investment CO now owns 16,310 shares of the company's stock valued at $1,447,000 after buying an additional 124 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,818 shares of the company's stock valued at $339,000 after purchasing an additional 129 shares in the last quarter. CWM LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11.1% in the second quarter. CWM LLC now owns 1,312 shares of the company's stock worth $116,000 after purchasing an additional 131 shares during the period. Orion Portfolio Solutions LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% in the first quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company's stock worth $1,000,000 after buying an additional 146 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.3% during the second quarter. DHJJ Financial Advisors Ltd. now owns 2,898 shares of the company's stock valued at $257,000 after buying an additional 147 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

NASDAQ QQQE traded down $2.21 during trading on Friday, reaching $90.84. The company's stock had a trading volume of 610,202 shares, compared to its average volume of 246,362. The firm has a fifty day moving average of $90.32 and a 200 day moving average of $88.73. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $76.87 and a one year high of $94.29. The stock has a market capitalization of $1.29 billion, a PE ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a $0.1602 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Tuesday, September 24th.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.