Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $99.73 and last traded at $99.13, with a volume of 64228 shares changing hands. The stock had previously closed at $99.18.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.1%
The company has a market capitalization of $1.25 billion, a P/E ratio of 27.96 and a beta of 1.05. The business has a fifty day moving average price of $96.01 and a 200 day moving average price of $91.90.
Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend
The business 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 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend was Tuesday, June 24th. This is a positive change from Direxion NASDAQ-100 Equal Weighted Index Shares's previous quarterly dividend of $0.06.
Hedge Funds Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares
Institutional investors and hedge funds have recently made changes to their positions in the company. Runnymede Capital Advisors Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $26,000. Harel Insurance Investments & Financial Services Ltd. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6,000.0% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 305 shares of the company's stock valued at $27,000 after purchasing an additional 300 shares during the last quarter. Ancora Advisors LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 32.5% during the first quarter. Ancora Advisors LLC now owns 469 shares of the company's stock worth $41,000 after buying an additional 115 shares in the last quarter. Heck Capital Advisors LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $43,000. Finally, American Capital Advisory LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth approximately $46,000.
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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