Carr Financial Group Corp Has $1.82 Million Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Carr Financial Group Corp decreased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 31.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,818 shares of the company's stock after selling 9,560 shares during the quarter. Carr Financial Group Corp owned about 0.15% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,815,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. LifeWealth Investments LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 57.4% in the 1st quarter. LifeWealth Investments LLC now owns 12,962 shares of the company's stock valued at $1,130,000 after acquiring an additional 4,729 shares in the last quarter. DHJJ Financial Advisors Ltd. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 8.3% in the 1st quarter. DHJJ Financial Advisors Ltd. now owns 3,701 shares of the company's stock valued at $323,000 after acquiring an additional 284 shares in the last quarter. Sowell Financial Services LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at approximately $728,000. Wealth Enhancement Advisory Services LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 23.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,210 shares of the company's stock valued at $367,000 after acquiring an additional 811 shares in the last quarter. Finally, MRA Advisory Group raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 7.5% in the 1st quarter. MRA Advisory Group now owns 99,327 shares of the company's stock valued at $8,660,000 after acquiring an additional 6,952 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE traded up $0.72 during mid-day trading on Monday, reaching $95.60. The company had a trading volume of 370,326 shares, compared to its average volume of 270,380. The company has a market capitalization of $1.32 billion, a P/E ratio of 26.33 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $75.07 and a twelve month high of $97.98. The company's 50-day moving average is $91.52 and its 200-day moving average is $91.17.

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.