Presidio Capital Management LLC Sells 1,414 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Presidio Capital Management LLC lowered its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 11.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 11,062 shares of the company’s stock after selling 1,414 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares comprises about 0.7% of Presidio Capital Management LLC’s investment portfolio, making the stock its 22nd biggest position. Presidio Capital Management LLC owned 0.07% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $982,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Montag A & Associates Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the first quarter valued at approximately $26,000. TD Capital Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $29,000. Banque Cantonale Vaudoise bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter worth $85,000. CWM LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% in the fourth quarter. CWM LLC now owns 1,125 shares of the company’s stock valued at $95,000 after acquiring an additional 360 shares during the period. Finally, National Bank of Canada FI bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at about $129,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ QQQE traded down $0.91 during trading hours on Wednesday, hitting $88.20. The company’s stock had a trading volume of 816,935 shares, compared to its average volume of 238,177. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $70.18 and a 12 month high of $92.06. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The business has a 50-day simple moving average of $88.20 and a 200-day simple moving average of $87.66.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

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

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.