Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Holdings Raised by Frisch Financial Group Inc.

Frisch Financial Group Inc. increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 10.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 181,316 shares of the company’s stock after buying an additional 17,674 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares comprises 4.8% of Frisch Financial Group Inc.’s investment portfolio, making the stock its 5th largest holding. Frisch Financial Group Inc. owned approximately 1.17% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $16,090,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. CAP Partners LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $4,487,000. Nations Financial Group Inc. IA ADV increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 21.8% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 55,713 shares of the company’s stock worth $4,716,000 after buying an additional 9,985 shares during the period. Berkshire Money Management Inc. grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% during the 2nd quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock worth $71,052,000 after acquiring an additional 19,819 shares in the last quarter. Fiduciary Alliance LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth approximately $1,515,000. Finally, Waddell & Associates LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1,734.4% during the 4th quarter. Waddell & Associates LLC now owns 354,873 shares of the company’s stock worth $30,037,000 after acquiring an additional 335,528 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.1 %

NASDAQ QQQE opened at $88.55 on Tuesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $70.18 and a 52 week high of $92.06. The stock has a market capitalization of $1.38 billion, a PE ratio of 28.84 and a beta of 1.05. The firm has a 50 day moving average of $87.79 and a two-hundred day moving average of $87.68.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were issued a dividend of $0.1796 per share. This represents a $0.72 annualized dividend and a yield of 0.81%. The ex-dividend date of this dividend was Tuesday, June 25th.

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.