Wealth Enhancement Advisory Services LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,399 shares of the company's stock, valued at approximately $305,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Dana Investment Advisors Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.5% in the 4th quarter. Dana Investment Advisors Inc. now owns 7,394 shares of the company's stock valued at $664,000 after purchasing an additional 112 shares in the last quarter. Flagstar Advisors Inc. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% during the 4th quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company's stock worth $1,145,000 after buying an additional 170 shares in the last quarter. First Heartland Consultants Inc. increased its stake in 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 buying an additional 202 shares in the last quarter. Beacon Pointe Advisors LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.2% during the 4th quarter. Beacon Pointe Advisors LLC now owns 17,670 shares of the company's stock worth $1,586,000 after buying an additional 205 shares in the last quarter. Finally, Private Capital Management LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 6.5% during the 3rd quarter. Private Capital Management LLC now owns 3,897 shares of the company's stock worth $352,000 after buying an additional 239 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.1%
NASDAQ:QQQE traded up $0.05 during trading hours on Wednesday, hitting $95.14. 89,749 shares of the stock were exchanged, compared to its average volume of 269,586. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $97.98. The firm's fifty day moving average price is $90.77 and its 200 day moving average price is $91.24. The company has a market cap of $1.31 billion, a P/E ratio of 26.33 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid 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 Company 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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