Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 140,047 shares changed hands during trading, a decline of 26% from the previous session's volume of 188,145 shares.The stock last traded at $84.64 and had previously closed at $84.89.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.0 %
The stock's 50-day moving average is $87.82 and its 200-day moving average is $82.53. The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 29.45 and a beta of 1.19.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
The firm 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. This represents a $0.76 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date was Tuesday, March 19th.
Institutional Trading of Direxion NASDAQ-100 Equal Weighted Index Shares
Several large investors have recently bought and sold shares of the company. IFP Advisors Inc grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.2% in the second quarter. IFP Advisors Inc now owns 7,005 shares of the company's stock valued at $539,000 after acquiring an additional 149 shares in the last quarter. Avantax Advisory Services Inc. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.7% in the third quarter. Avantax Advisory Services Inc. now owns 10,625 shares of the company's stock valued at $794,000 after acquiring an additional 174 shares in the last quarter. CWM LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 56.8% in the third quarter. CWM LLC now owns 765 shares of the company's stock valued at $57,000 after acquiring an additional 277 shares in the last quarter. Private Capital Management LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 8.5% in the fourth quarter. Private Capital Management LLC now owns 3,561 shares of the company's stock valued at $301,000 after acquiring an additional 280 shares in the last quarter. Finally, FNY Investment Advisers LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% in the fourth quarter. FNY Investment Advisers LLC now owns 385 shares of the company's stock valued at $32,000 after acquiring an additional 315 shares in the last quarter.
About Direxion NASDAQ-100 Equal Weighted Index Shares
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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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