Wambolt & Associates LLC trimmed its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 10.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 23,816 shares of the company's stock after selling 2,774 shares during the quarter. Wambolt & Associates LLC owned about 0.17% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,138,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of QQQE. Dana Investment Advisors Inc. lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.5% in the fourth quarter. Dana Investment Advisors Inc. now owns 7,394 shares of the company's stock worth $664,000 after buying an additional 112 shares in the last quarter. Kaydan Wealth Management Inc. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% in the 4th quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company's stock worth $216,000 after acquiring an additional 127 shares during the last quarter. Tilia Fiduciary Partners Inc. lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company's stock valued at $396,000 after acquiring an additional 139 shares in the last quarter. Beck Capital Management LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the 3rd quarter. Beck Capital Management LLC now owns 21,772 shares of the company's stock valued at $1,964,000 after purchasing an additional 158 shares during the last quarter. Finally, Flagstar Advisors Inc. increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the 4th quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company's stock worth $1,145,000 after purchasing an additional 170 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
Shares of QQQE stock traded down $2.04 during mid-day trading on Friday, hitting $87.19. The company's stock had a trading volume of 198,764 shares, compared to its average volume of 269,516. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 26.94 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 business has a 50-day moving average price of $92.58 and a 200 day moving average price of $91.94.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.0614 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.25 annualized dividend and a dividend yield of 0.28%.
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.
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