Curtis Advisory Group LLC Increases Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Curtis Advisory Group LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 20.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,166 shares of the company's stock after acquiring an additional 3,107 shares during the quarter. Curtis Advisory Group LLC owned about 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,584,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $305,000. Royal Bank of Canada lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.1% in the fourth quarter. Royal Bank of Canada now owns 421,882 shares of the company's stock valued at $37,873,000 after buying an additional 8,600 shares during the period. LifeWealth Investments LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 57.4% in the first quarter. LifeWealth Investments LLC now owns 12,962 shares of the company's stock worth $1,130,000 after acquiring an additional 4,729 shares in the last quarter. Waddell & Associates LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.3% during the fourth quarter. Waddell & Associates LLC now owns 382,993 shares of the company's stock worth $34,381,000 after buying an additional 8,548 shares in the last quarter. Finally, Cannon Advisors Inc. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 7.9% during the 4th quarter. Cannon Advisors Inc. now owns 39,736 shares of the company's stock worth $3,567,000 after purchasing an additional 2,898 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock traded down $0.63 during mid-day trading on Tuesday, hitting $98.18. 47,972 shares of the stock were exchanged, compared to its average volume of 260,942. The company has a market capitalization of $1.23 billion, a P/E ratio of 27.96 and a beta of 1.05. The company has a 50-day simple moving average of $95.45 and a 200 day simple moving average of $91.75. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $75.07 and a 12 month high of $99.71.

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 given a $0.1422 dividend. 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. This represents a $0.57 annualized dividend and a yield of 0.58%.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.