Renaissance Technologies LLC reduced its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 60.3% in the second quarter, Holdings Channel.com reports. The firm owned 10,100 shares of the company’s stock after selling 15,339 shares during the quarter. Renaissance Technologies LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $896,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Berkshire Money Management Inc. boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% during the second quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock valued at $71,052,000 after purchasing an additional 19,819 shares during the period. Fiduciary Alliance LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the first quarter worth about $1,515,000. Ameritas Advisory Services LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 15.6% during the 2nd quarter. Ameritas Advisory Services LLC now owns 35,580 shares of the company’s stock valued at $3,157,000 after purchasing an additional 4,813 shares during the period. MRA Advisory Group raised 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 valued at $9,373,000 after purchasing an additional 43,058 shares during the last quarter. Finally, Orion Portfolio Solutions LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% during the 1st quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company’s stock valued at $1,000,000 after purchasing an additional 146 shares during the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
Shares of QQQE stock opened at $89.52 on Tuesday. The firm has a market cap of $1.22 billion, a P/E ratio of 28.84 and a beta of 1.05. The business’s 50 day moving average price is $87.85 and its 200-day moving average price is $87.80. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $70.18 and a fifty-two week high of $92.06.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
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.
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Want to see what other hedge funds are holding QQQE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report).
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