International Assets Investment Management LLC lessened its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 98.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,400 shares of the company's stock after selling 303,535 shares during the period. International Assets Investment Management LLC's holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $305,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in QQQE. Total Investment Management Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth approximately $59,630,000. BNP Paribas Financial Markets bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth $13,530,000. Astor Investment Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at about $7,028,000. B. Riley Wealth Advisors Inc. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company's stock valued at $3,634,000 after buying an additional 34,636 shares during the last quarter. Finally, Atria Investments Inc purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at approximately $2,177,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
Shares of QQQE stock opened at $89.66 on Monday. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The firm's 50-day simple moving average is $92.79 and its two-hundred day simple moving average is $90.24. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $81.45 and a 52 week high of $96.39.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
The business 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 of this dividend was Monday, December 23rd.
About Direxion NASDAQ-100 Equal Weighted Index Shares
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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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