6,439 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Bought by Brookstone Capital Management

Brookstone Capital Management acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 6,439 shares of the company’s stock, valued at approximately $581,000.

Several other large investors also recently modified their holdings of the company. Berkshire Money Management Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.4% in the first quarter. Berkshire Money Management Inc. now owns 780,857 shares of the company’s stock worth $69,652,000 after acquiring an additional 18,298 shares during the period. Waddell & Associates LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1,734.4% in the fourth 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 during the period. UBS Group AG grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 14.6% in the fourth quarter. UBS Group AG now owns 180,408 shares of the company’s stock worth $15,270,000 after acquiring an additional 22,917 shares during the period. Carr Financial Group Corp lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the first quarter. Carr Financial Group Corp now owns 142,795 shares of the company’s stock valued at $12,737,000 after purchasing an additional 639 shares in the last quarter. Finally, Ratio Wealth Group lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 13.6% during the fourth quarter. Ratio Wealth Group now owns 130,191 shares of the company’s stock valued at $11,019,000 after purchasing an additional 15,633 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $89.44 on Tuesday. The company has a market capitalization of $1.39 billion, a PE ratio of 28.84 and a beta of 1.05. The business’s fifty day moving average is $88.17 and its 200 day moving average is $87.55. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were given a dividend of $0.1796 per share. The ex-dividend date was Tuesday, June 25th. This represents a $0.72 annualized dividend and a yield of 0.80%.

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.