Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) shares reached a new 52-week low on Friday . The stock traded as low as $80.82 and last traded at $81.64, with a volume of 2468 shares traded. The stock had previously closed at $83.92.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 6.3 %
The company has a market cap of $1.12 billion, a P/E ratio of 26.69 and a beta of 1.05. The firm's 50-day moving average price is $91.70 and its 200-day moving average price is $91.86.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.0614 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.25 dividend on an annualized basis and a yield of 0.31%.
Institutional Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
Several institutional investors have recently made changes to their positions in the stock. FMR LLC raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 394.6% during the 3rd quarter. FMR LLC now owns 3,858 shares of the company's stock valued at $348,000 after purchasing an additional 3,078 shares during the period. Hilltop Holdings Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at about $268,000. Stifel Financial Corp increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 21.9% during the third quarter. Stifel Financial Corp now owns 2,835 shares of the company's stock valued at $256,000 after buying an additional 509 shares during the period. Wolverine Trading LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $213,000. Finally, National Bank of Canada FI boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the third quarter. National Bank of Canada FI now owns 2,017 shares of the company's stock valued at $182,000 after acquiring an additional 374 shares during the period.
Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile
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Get 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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