Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The stock 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 Trading Down 0.1%
The company has a market capitalization of $1.26 billion, a PE ratio of 27.96 and a beta of 1.05. The stock's fifty day moving average is $96.54 and its two-hundred day moving average is $92.16.
Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a $0.1422 dividend. This is an increase from Direxion NASDAQ-100 Equal Weighted Index Shares's previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, June 24th. This represents a $0.57 annualized dividend and a dividend yield of 0.57%.
Institutional Trading of Direxion NASDAQ-100 Equal Weighted Index Shares
Institutional investors have recently added to or reduced their stakes in the stock. PKO Investment Management Joint Stock Co bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $37,703,000. Bank of America Corp DE grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 65.3% during the 4th quarter. Bank of America Corp DE now owns 906,043 shares of the company's stock valued at $81,335,000 after purchasing an additional 357,895 shares in the last quarter. B&D White Capital Company LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter valued at $20,307,000. Polar Asset Management Partners Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $14,938,000. Finally, LeConte Wealth Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter worth about $10,162,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile
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Get 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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