Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by Capital Market Strategies LLC

Capital Market Strategies LLC trimmed its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 8,503 shares of the company’s stock after selling 179 shares during the period. Capital Market Strategies LLC owned about 0.06% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $763,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Total Investment Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $59,630,000. International Assets Investment Management LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the third quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after buying an additional 303,364 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $13,530,000. Astor Investment Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $7,028,000. Finally, MRA Advisory Group boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 68.8% during the 2nd quarter. MRA Advisory Group now owns 105,619 shares of the company’s stock worth $9,373,000 after purchasing an additional 43,058 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.0 %

Shares of QQQE traded up $0.87 during mid-day trading on Monday, reaching $92.11. 67,823 shares of the stock traded hands, compared to its average volume of 184,267. The stock has a fifty day simple moving average of $92.74 and a 200 day simple moving average of $90.17. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $96.39.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.2402 per share. The ex-dividend date was Monday, December 23rd.

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.