Mutual Advisors LLC Buys 1,096 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Mutual Advisors LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,700 shares of the company’s stock after buying an additional 1,096 shares during the quarter. Mutual Advisors LLC owned approximately 0.07% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $891,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in QQQE. Global Trust Asset Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $38,000. White Pine Investment CO increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 85.4% in the fourth quarter. White Pine Investment CO now owns 31,308 shares of the company’s stock worth $2,811,000 after purchasing an additional 14,420 shares during the period. Amplius Wealth Advisors LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $281,000. Purus Wealth Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 29.8% during the 4th quarter. Purus Wealth Management LLC now owns 3,140 shares of the company’s stock worth $282,000 after buying an additional 720 shares during the period. Finally, Kaydan Wealth Management Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the 4th quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock worth $216,000 after buying an additional 127 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.5 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $94.01 on Monday. The firm has a market capitalization of $1.32 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $96.39. The business has a 50-day moving average of $92.76 and a 200-day moving average of $90.45.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently announced 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 of this dividend 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.