Astoria Portfolio Advisors LLC. Boosts Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Astoria Portfolio Advisors LLC. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 25.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,049 shares of the company’s stock after purchasing an additional 1,636 shares during the period. Astoria Portfolio Advisors LLC. owned approximately 0.06% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $683,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in QQQE. TD Capital Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $29,000. FNY Investment Advisers LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% during the fourth quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock worth $32,000 after purchasing an additional 315 shares in the last quarter. Banque Cantonale Vaudoise purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth about $85,000. CWM LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% during the fourth 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. Finally, Baystate Wealth Management LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $112,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.1 %

Shares of QQQE opened at $88.74 on Friday. The firm’s 50-day moving average is $87.37 and its two-hundred day moving average is $86.62. The firm has a market capitalization of $1.24 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $70.18 and a twelve month high of $89.86.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th will be paid a $0.1796 dividend. The ex-dividend date of this dividend is Tuesday, June 25th. This represents a $0.72 annualized dividend and a dividend yield of 0.81%.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.