556,321 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Purchased by SteelPeak Wealth LLC

Key Points

• SteelPeak Wealth LLC acquired 556,321 shares of Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) in Q4, valued at about $56.9 million, making QQQE ~1.9% of SteelPeak's portfolio and its 10th largest holding; SteelPeak now owns roughly 4.67% of the ETF.
• QQQE last opened at $99.26 with a 12‑month range of $75.07–$107.06, a market cap of about $1.15 billion and a P/E of 27.96.
• The fund paid a quarterly dividend of $0.1627 on March 31 (ex‑dividend March 24), equal to a $0.65 annualized payout and a ~0.7% yield.

SteelPeak Wealth LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 556,321 shares of the company's stock, valued at approximately $56,917,000. Direxion NASDAQ-100 Equal Weighted Index Shares comprises about 1.9% of SteelPeak Wealth LLC's investment portfolio, making the stock its 10th largest holding. SteelPeak Wealth LLC owned approximately 4.67% of Direxion NASDAQ-100 Equal Weighted Index Shares as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. Goodman Advisory Group LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter worth approximately $29,000. Caldwell Trust Co purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at $49,000. Miller Global Investments LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $57,000. Optiver Holding B.V. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at $66,000. Finally, American Capital Advisory LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 63.5% in the 3rd quarter. American Capital Advisory LLC now owns 1,295 shares of the company's stock valued at $132,000 after acquiring an additional 503 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

QQQE stock opened at $99.26 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $75.07 and a twelve month high of $107.06. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08. The business's fifty day simple moving average is $101.86 and its two-hundred day simple moving average is $102.32.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were paid a $0.1627 dividend. This represents a $0.65 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, March 24th.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

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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