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Dana Investment Advisors Inc. Buys New Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

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Dana Investment Advisors Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,756 shares of the company's stock, valued at approximately $826,000. Dana Investment Advisors Inc. owned approximately 0.07% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in QQQE. Astoria Portfolio Advisors LLC. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $553,000. Private Advisor Group LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11.5% in the 4th quarter. Private Advisor Group LLC now owns 12,408 shares of the company's stock worth $1,050,000 after purchasing an additional 1,280 shares during the period. Wealthcare Advisory Partners LLC raised its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 19.3% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 11,085 shares of the company's stock worth $938,000 after buying an additional 1,791 shares in the last quarter. National Bank of Canada FI purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $129,000. Finally, Truist Financial Corp boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 54.1% during the 4th quarter. Truist Financial Corp now owns 18,613 shares of the company's stock valued at $1,575,000 after acquiring an additional 6,533 shares in the last quarter.


Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.4 %

Shares of QQQE traded up $0.31 during trading hours on Monday, hitting $86.97. The company had a trading volume of 158,420 shares, compared to its average volume of 193,926. The company has a market capitalization of $1.21 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $70.18 and a one year high of $89.86. The company's fifty day moving average price is $86.95 and its two-hundred day moving average price is $83.87.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Wednesday, March 20th were given a dividend of $0.1907 per share. The ex-dividend date was Tuesday, March 19th. This represents a $0.76 dividend on an annualized basis and a yield of 0.88%.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(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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Institutional Ownership by Quarter for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

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