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Avestar Capital LLC Purchases 3,252 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Direxion NASDAQ-100 Equal Weighted Index Shares logo with background

Avestar Capital LLC raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 4.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,385 shares of the company's stock after purchasing an additional 3,252 shares during the quarter. Avestar Capital LLC owned 0.52% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $6,588,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Gateway Wealth Partners LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 16.9% during the fourth quarter. Gateway Wealth Partners LLC now owns 25,433 shares of the company's stock worth $2,283,000 after buying an additional 3,671 shares in the last quarter. Atria Investments Inc bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at about $2,177,000. Merit Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $253,000. Total Investment Management Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth about $59,630,000. Finally, RFG Advisory LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at about $495,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of NASDAQ QQQE traded up $0.12 during midday trading on Monday, reaching $96.81. The company's stock had a trading volume of 259,361 shares, compared to its average volume of 237,305. The stock has a market capitalization of $1.35 billion, a P/E ratio of 28.84 and a beta of 1.05. The firm has a 50 day moving average price of $92.94 and a 200-day moving average price of $91.06. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $97.08.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2402 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

(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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Institutional Ownership by Quarter for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

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