Curtis Advisory Group LLC Invests $1.15 Million in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Curtis Advisory Group LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,588 shares of the company's stock, valued at approximately $1,150,000. Curtis Advisory Group LLC owned approximately 0.10% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of QQQE. Goldman Sachs Group Inc. increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4,689.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,262,334 shares of the company's stock valued at $174,992,000 after purchasing an additional 2,215,100 shares in the last quarter. Berkshire Money Management Inc. increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 72.1% in the third quarter. Berkshire Money Management Inc. now owns 720,898 shares of the company's stock valued at $53,902,000 after buying an additional 302,018 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $16,446,000. Morgan Stanley raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 97.8% in the third quarter. Morgan Stanley now owns 480,182 shares of the company's stock worth $35,903,000 after acquiring an additional 237,477 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth about $11,603,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.8 %

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock traded down $1.56 on Friday, reaching $86.12. The company's stock had a trading volume of 316,073 shares, compared to its average volume of 186,583. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $69.04 and a 52-week high of $89.86. The company has a market capitalization of $1.21 billion, a P/E ratio of 20.91 and a beta of 1.05. The stock has a 50-day moving average price of $87.87 and a 200-day moving average price of $82.19.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were paid a $0.1907 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend was Tuesday, March 19th.

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.

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