Curtis Advisory Group LLC Has $1.58 Million Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Curtis Advisory Group LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 20.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,166 shares of the company's stock after acquiring an additional 3,107 shares during the period. 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 reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Flagstar Advisors Inc. lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.1% during the 1st quarter. Flagstar Advisors Inc. now owns 12,892 shares of the company's stock valued at $1,125,000 after buying an additional 137 shares during the last quarter. First Heartland Consultants Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6.3% during the 4th quarter. First Heartland Consultants Inc. now owns 3,414 shares of the company's stock worth $306,000 after purchasing an additional 202 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.2% in the fourth quarter. Beacon Pointe Advisors LLC now owns 17,670 shares of the company's stock worth $1,586,000 after purchasing an additional 205 shares in the last quarter. Retirement Planning Co of New England Inc. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the fourth quarter. Retirement Planning Co of New England Inc. now owns 7,163 shares of the company's stock worth $643,000 after buying an additional 249 shares during the last quarter. Finally, DHJJ Financial Advisors Ltd. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 8.3% during the first quarter. DHJJ Financial Advisors Ltd. now owns 3,701 shares of the company's stock valued at $323,000 after buying an additional 284 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE traded down $0.49 during trading hours on Friday, hitting $98.47. 61,573 shares of the company were exchanged, compared to its average volume of 262,530. The company has a market cap of $1.23 billion, a PE ratio of 27.96 and a beta of 1.05. The firm's 50 day moving average is $95.26 and its 200-day moving average is $91.70. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $75.07 and a 52 week 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 issued a $0.1422 dividend. 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%. The ex-dividend date of this dividend was Tuesday, June 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.