Strategic Financial Concepts LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 18,223 shares of the company's stock, valued at approximately $1,636,000. Strategic Financial Concepts LLC owned 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the company. Hickory Asset Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at approximately $290,000. DHJJ Financial Advisors Ltd. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 17.9% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 3,417 shares of the company's stock valued at $307,000 after purchasing an additional 518 shares in the last quarter. Avestar Capital LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% in the 4th quarter. Avestar Capital LLC now owns 73,385 shares of the company's stock valued at $6,588,000 after purchasing an additional 3,252 shares in the last quarter. CAP Partners LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% in 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. Finally, Stonebridge Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at approximately $31,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.9 %
NASDAQ QQQE traded down $1.87 during mid-day trading on Friday, hitting $95.39. The stock had a trading volume of 204,714 shares, compared to its average volume of 239,333. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.98. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The company has a 50 day simple moving average of $93.13 and a 200 day simple moving average of $91.31.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.
Direxion NASDAQ-100 Equal Weighted Index Shares Company 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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