Wealthcare Advisory Partners LLC Acquires 1,791 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Wealthcare Advisory Partners LLC raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 19.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 11,085 shares of the company’s stock after acquiring an additional 1,791 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $938,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Avantax Advisory Services Inc. lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.7% during the third quarter. Avantax Advisory Services Inc. now owns 10,625 shares of the company’s stock worth $794,000 after acquiring an additional 174 shares in the last quarter. FNY Investment Advisers LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% during the 4th quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock valued at $32,000 after purchasing an additional 315 shares in the last quarter. Spire Wealth Management grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 64.4% in the 3rd quarter. Spire Wealth Management now owns 881 shares of the company’s stock valued at $66,000 after purchasing an additional 345 shares during the period. Wolff Wiese Magana LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth approximately $26,000. Finally, CWM LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% during the 4th quarter. CWM LLC now owns 1,125 shares of the company’s stock worth $95,000 after buying an additional 360 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.4 %

Shares of NASDAQ:QQQE traded down $0.38 during midday trading on Wednesday, reaching $85.92. 24,985 shares of the company were exchanged, compared to its average volume of 194,741. The stock has a fifty day simple moving average of $87.07 and a two-hundred day simple moving average of $83.58. The firm has a market cap of $1.20 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $70.18 and a fifty-two week high of $89.86.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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 $0.1907 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Tuesday, March 19th.

Direxion NASDAQ-100 Equal Weighted Index Shares Company 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.