Gateway Wealth Partners LLC raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 16.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,433 shares of the company's stock after purchasing an additional 3,671 shares during the period. Gateway Wealth Partners LLC owned approximately 0.18% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,283,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Total Investment Management Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth approximately $59,630,000. Waddell & Associates LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the 3rd quarter. Waddell & Associates LLC now owns 374,445 shares of the company's stock valued at $33,775,000 after buying an additional 12,033 shares during the period. International Assets Investment Management LLC boosted 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 worth $27,686,000 after buying an additional 303,364 shares during the last quarter. Frisch Financial Group Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% in the third quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company's stock worth $17,116,000 after acquiring an additional 8,099 shares during the period. Finally, BNP Paribas Financial Markets purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at $13,530,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
QQQE stock remained flat at $94.18 during trading on Friday. The company's stock had a trading volume of 354,662 shares, compared to its average volume of 243,888. The firm's 50 day moving average is $92.86 and its 200 day moving average is $90.54. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. 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 Announces Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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.
Direxion NASDAQ-100 Equal Weighted Index Shares 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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