Jones Financial Companies Lllp Increases Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Jones Financial Companies Lllp increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 348.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,939 shares of the company's stock after acquiring an additional 24,040 shares during the quarter. Jones Financial Companies Lllp owned about 0.22% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,777,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Kaydan Wealth Management Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the 4th quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company's stock valued at $216,000 after purchasing an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company's stock valued at $396,000 after purchasing an additional 139 shares in the last quarter. Beck Capital Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the 3rd quarter. Beck Capital Management LLC now owns 21,772 shares of the company's stock valued at $1,964,000 after purchasing an additional 158 shares in the last quarter. Flagstar Advisors Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% during the 4th quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company's stock valued at $1,145,000 after purchasing an additional 170 shares in the last quarter. Finally, CAP Partners LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the 4th quarter. CAP Partners LLC now owns 55,323 shares of the company's stock valued at $4,966,000 after purchasing an additional 196 shares in the last quarter.

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Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.7 %

Shares of QQQE traded up $0.66 during mid-day trading on Friday, reaching $90.51. 547,166 shares of the stock traded hands, compared to its average volume of 261,837. The firm has a fifty day moving average price of $93.19 and a 200 day moving average price of $91.87. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 28.59 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued 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 Company Profile

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.