Crewe Advisors LLC Buys Shares of 2,380 Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Crewe Advisors LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,380 shares of the company’s stock, valued at approximately $212,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Ameritas Investment Partners Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth $557,000. Resurgent Financial Advisors LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth $210,000. Orion Portfolio Solutions LLC lifted its stake in shares of 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 worth $1,000,000 after purchasing an additional 146 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth $202,000. Finally, Berkshire Money Management Inc. lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.4% during the 1st quarter. Berkshire Money Management Inc. now owns 780,857 shares of the company’s stock worth $69,652,000 after purchasing an additional 18,298 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.4 %

Shares of NASDAQ QQQE traded down $0.31 during mid-day trading on Thursday, reaching $86.54. 288,412 shares of the company were exchanged, compared to its average volume of 221,871. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $70.18 and a 1 year high of $92.06. The firm has a 50-day moving average of $88.79 and a 200 day moving average of $87.40.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were paid a $0.1796 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date 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.