Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by SOL Capital Management CO

SOL Capital Management CO lessened its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 18.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 47,440 shares of the company's stock after selling 10,870 shares during the period. SOL Capital Management CO owned approximately 0.34% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $4,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Global Trust Asset Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $38,000. JPMorgan Chase & Co. boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company's stock valued at $82,000 after purchasing an additional 787 shares in the last quarter. Raleigh Capital Management Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at $142,000. National Bank of Canada FI boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the 3rd quarter. National Bank of Canada FI now owns 2,017 shares of the company's stock valued at $182,000 after purchasing an additional 374 shares in the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at $199,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.5 %

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock traded up $0.49 during trading on Tuesday, reaching $94.25. The company's stock had a trading volume of 185,300 shares, compared to its average volume of 244,485. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The firm's 50-day moving average is $92.86 and its two-hundred day moving average is $90.54.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.2402 dividend. The ex-dividend date 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.