Renaissance Technologies LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE - Free Report) by 93.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,000 shares of the company's stock after acquiring an additional 5,300 shares during the period. Renaissance Technologies LLC owned about 0.08% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $987,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of QQQE. Dana Investment Advisors Inc. increased its holdings 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 acquiring an additional 112 shares during the period. Kaydan Wealth Management Inc. boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the fourth quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company's stock valued at $216,000 after purchasing an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. grew its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company's stock valued at $396,000 after purchasing an additional 139 shares during the last quarter. Flagstar Advisors Inc. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the fourth quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company's stock worth $1,145,000 after purchasing an additional 170 shares in the last quarter. Finally, CAP Partners LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the fourth quarter. CAP Partners LLC now owns 55,323 shares of the company's stock valued at $4,966,000 after buying an additional 196 shares during the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.9 %
Shares of NASDAQ:QQQE traded up $1.69 during trading on Friday, reaching $89.52. The stock had a trading volume of 100,303 shares, compared to its average volume of 273,803. The firm's 50-day simple moving average is $86.65 and its 200 day simple moving average is $90.83. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $75.07 and a one year high of $97.98. The company has a market capitalization of $1.24 billion, a P/E ratio of 25.43 and a beta of 1.05.
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 $0.0614 dividend. This represents a $0.25 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend was Tuesday, March 25th.
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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