Helium Advisors LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 4,159 shares of the company's stock, valued at approximately $373,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. GTS Securities LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 133.2% in the fourth quarter. GTS Securities LLC now owns 29,623 shares of the company's stock worth $2,658,000 after purchasing an additional 16,921 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $212,000. First Heartland Consultants Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6.3% in the 4th quarter. First Heartland Consultants Inc. now owns 3,414 shares of the company's stock valued at $306,000 after buying an additional 202 shares during the last quarter. Wolverine Trading LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 93.8% in the 4th quarter. Wolverine Trading LLC now owns 4,563 shares of the company's stock valued at $411,000 after buying an additional 2,209 shares during the last quarter. Finally, Waverly Advisors LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at about $1,036,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
Shares of QQQE traded up $0.06 during mid-day trading on Wednesday, reaching $94.50. 47,424 shares of the company were exchanged, compared to its average volume of 275,528. The business has a 50 day simple moving average of $87.63 and a two-hundred day simple moving average of $91.03. The stock has a market capitalization of $1.30 billion, a PE ratio of 26.33 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $75.07 and a 52 week high of $97.98.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.0614 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.25 annualized dividend and a yield of 0.26%.
Direxion NASDAQ-100 Equal Weighted Index Shares Profile
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Free Report)
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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