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Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Reaches New 52-Week High - Here's What Happened

Direxion NASDAQ-100 Equal Weighted Index Shares logo with background

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $97.98 and last traded at $97.98, with a volume of 415005 shares. The stock had previously closed at $96.81.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

The firm has a 50 day moving average price of $93.13 and a 200-day moving average price of $91.31. The firm has a market cap of $1.33 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 announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.2402 per share. The ex-dividend date was Monday, December 23rd.

Institutional Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares

Several institutional investors have recently modified their holdings of the business. Runnymede Capital Advisors Inc. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $26,000. Stonebridge Financial Group LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $31,000. Kestra Investment Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $31,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $34,000. Finally, Global Trust Asset Management LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at about $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

(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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