Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report)'s share price hit a new 52-week high during trading on Thursday . The company traded as high as $98.71 and last traded at $98.71, with a volume of 51666 shares changing hands. The stock had previously closed at $98.35.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.4%
The business's fifty day moving average is $93.63 and its 200 day moving average is $91.36. The company has a market cap of $1.36 billion, a P/E ratio of 27.96 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th were paid a $0.1422 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.58%. This is a positive change 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 Investors Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
Institutional investors and hedge funds have recently modified their holdings of the company. Runnymede Capital Advisors Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $26,000. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6,000.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 305 shares of the company's stock valued at $27,000 after acquiring an additional 300 shares in the last quarter. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $34,000. Ancora Advisors LLC boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 32.5% in the first quarter. Ancora Advisors LLC now owns 469 shares of the company's stock worth $41,000 after purchasing an additional 115 shares during the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $43,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile
(
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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