Migdal Insurance & Financial Holdings Ltd. reduced its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 23.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 17,930 shares of the company's stock after selling 5,561 shares during the period. Migdal Insurance & Financial Holdings Ltd. owned 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,618,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently made changes to their positions in QQQE. International Assets Investment Management LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company's stock valued at $27,686,000 after buying an additional 303,364 shares during the period. Astor Investment Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth $7,028,000. MRA Advisory Group grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 68.8% during the second quarter. MRA Advisory Group now owns 105,619 shares of the company's stock worth $9,373,000 after purchasing an additional 43,058 shares during the period. B. Riley Wealth Advisors Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company's stock worth $3,634,000 after purchasing an additional 34,636 shares during the period. Finally, Cetera Investment Advisers acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth $2,568,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.1 %
Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock traded down $0.10 during trading on Friday, reaching $93.98. 288,462 shares of the company were exchanged, compared to its average volume of 243,832. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $73.93 and a twelve month high of $94.26. The business has a 50-day moving average price of $89.85 and a 200-day moving average price of $88.52. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a dividend of $0.1602 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.68%.
Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile
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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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