Ameritas Advisory Services LLC Has $1.93 Million Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Ameritas Advisory Services LLC lessened its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 45.8% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,002 shares of the company's stock after selling 18,560 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.16% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,929,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $34,000. Heck Capital Advisors LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $43,000. BridgePort Financial Solutions LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $207,000. Finally, KCM Investment Advisors LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $205,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.0%

Shares of NASDAQ QQQE traded up $1.00 during mid-day trading on Friday, hitting $99.71. The company had a trading volume of 72,961 shares, compared to its average volume of 266,805. The firm has a 50-day simple moving average of $93.90 and a two-hundred day simple moving average of $91.39. The company has a market capitalization of $1.24 billion, a PE ratio of 27.96 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $75.07 and a one year high of $99.71.

Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders 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 0.57%. 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.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.