Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Purchased by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 21.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,713 shares of the company’s stock after acquiring an additional 9,985 shares during the quarter. Nations Financial Group Inc. IA ADV owned about 0.43% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $4,716,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. FNY Investment Advisers LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% in the 4th quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock worth $32,000 after buying an additional 315 shares during the period. Spire Wealth Management boosted its position in 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 worth $66,000 after purchasing an additional 345 shares in the last quarter. NBC Securities Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth approximately $75,000. CWM LLC boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% in the 4th quarter. CWM LLC now owns 1,125 shares of the company’s stock worth $95,000 after purchasing an additional 360 shares in the last quarter. Finally, Baystate Wealth Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $112,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.7 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock traded up $0.62 during mid-day trading on Friday, hitting $88.52. The company had a trading volume of 170,184 shares, compared to its average volume of 189,638. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $70.18 and a 12-month high of $89.86. The company’s fifty day moving average is $86.91 and its 200-day moving average is $84.89. The company has a market capitalization of $1.23 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were given a $0.1907 dividend. The ex-dividend date was Tuesday, March 19th. This represents a $0.76 annualized dividend and a yield of 0.86%.

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.