Raymond James Financial Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 103,167 shares of the company's stock, valued at approximately $9,261,000. Raymond James Financial Inc. owned approximately 0.74% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent reporting period.
A number of other institutional investors also recently bought and sold shares of the stock. Stonebridge Financial Group LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $31,000. Kestra Investment Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $31,000. SBI Securities Co. Ltd. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth approximately $34,000. Global Trust Asset Management LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $38,000. Finally, Heck Capital Advisors LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $43,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.2 %
Direxion NASDAQ-100 Equal Weighted Index Shares stock traded up $0.14 during mid-day trading on Tuesday, hitting $90.87. The stock had a trading volume of 81,520 shares, compared to its average volume of 264,378. The firm's 50 day moving average is $92.76 and its 200 day moving average is $91.88. The firm has a market capitalization of $1.27 billion, a P/E ratio of 26.94 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $81.45 and a one year high of $97.98.
About Direxion NASDAQ-100 Equal Weighted Index Shares
(
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.
Recommended Stories
Before you consider Direxion NASDAQ-100 Equal Weighted Index Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion NASDAQ-100 Equal Weighted Index Shares wasn't on the list.
While Direxion NASDAQ-100 Equal Weighted Index Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
