LPL Financial LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 262,922 shares of the company's stock after acquiring an additional 5,090 shares during the period. LPL Financial LLC owned 1.88% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $23,603,000 at the end of the most recent reporting period.
A number of other large investors have also recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth approximately $13,530,000. Raymond James Financial Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth $9,261,000. Ameritas Advisory Services LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 148.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 40,562 shares of the company's stock worth $3,641,000 after buying an additional 24,233 shares in the last quarter. Jones Financial Companies Lllp boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 348.5% during the 4th quarter. Jones Financial Companies Lllp now owns 30,939 shares of the company's stock valued at $2,777,000 after acquiring an additional 24,040 shares during the last quarter. Finally, Total Investment Management Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the 4th quarter. Total Investment Management Inc. now owns 685,085 shares of the company's stock valued at $61,500,000 after buying an additional 24,002 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.7 %
NASDAQ:QQQE traded up $0.58 during midday trading on Wednesday, hitting $88.22. The company had a trading volume of 120,893 shares, compared to its average volume of 268,139. The company has a market capitalization of $1.23 billion, a PE ratio of 26.69 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 $97.98. The stock's fifty day moving average price is $92.34 and its 200-day moving average price is $91.96.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.0614 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.28%. The ex-dividend date was Tuesday, March 25th.
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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