Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as $100.33 and last traded at $100.32, with a volume of 80272 shares trading hands. The stock had previously closed at $99.91.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.1%
The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 27.96 and a beta of 1.05. The stock's 50 day moving average is $96.75 and its 200 day moving average is $92.30.
Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were issued a dividend of $0.1422 per share. This represents a $0.57 dividend on an annualized basis and a yield of 0.57%. This is a boost from Direxion NASDAQ-100 Equal Weighted Index Shares's previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Tuesday, June 24th.
Institutional Trading of Direxion NASDAQ-100 Equal Weighted Index Shares
A number of large investors have recently added to or reduced their stakes in the business. Harel Insurance Investments & Financial Services Ltd. boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 6,000.0% in the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 305 shares of the company's stock worth $27,000 after purchasing an additional 300 shares during the period. Ancora Advisors LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 32.5% in the 1st quarter. Ancora Advisors LLC now owns 469 shares of the company's stock worth $41,000 after purchasing an additional 115 shares during the period. Heck Capital Advisors LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $43,000. American Capital Advisory LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter worth approximately $46,000. Finally, Total Clarity Wealth Management Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth approximately $200,000.
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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