Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) saw an uptick in trading volume on Monday . 178,110 shares changed hands during trading, a decline of 8% from the previous session's volume of 193,870 shares.The stock last traded at $88.39 and had previously closed at $88.74.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.3 %
The firm has a market cap of $1.23 billion, a PE ratio of 28.84 and a beta of 1.05. The stock has a 50 day moving average price of $87.47 and a two-hundred day moving average price of $86.72.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th will be paid a dividend of $0.1796 per share. The ex-dividend date is Tuesday, June 25th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.81%.
Institutional Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
A number of large investors have recently bought and sold shares of the company. Berkshire Money Management Inc. boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.4% in the first quarter. Berkshire Money Management Inc. now owns 780,857 shares of the company's stock valued at $69,652,000 after buying an additional 18,298 shares during the last quarter. Waddell & Associates LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1,734.4% in the fourth quarter. Waddell & Associates LLC now owns 354,873 shares of the company's stock valued at $30,037,000 after acquiring an additional 335,528 shares during the period. UBS Group AG lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 14.6% in the fourth quarter. UBS Group AG now owns 180,408 shares of the company's stock valued at $15,270,000 after acquiring an additional 22,917 shares during the period. Carr Financial Group Corp lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% in the first quarter. Carr Financial Group Corp now owns 142,795 shares of the company's stock valued at $12,737,000 after acquiring an additional 639 shares during the period. Finally, SteelPeak Wealth LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $11,427,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile
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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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