Avestar Capital LLC Increases Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Avestar Capital LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 73,385 shares of the company’s stock after purchasing an additional 3,252 shares during the quarter. Avestar Capital LLC owned approximately 0.52% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $6,588,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in QQQE. Total Investment Management Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $59,630,000. International Assets Investment Management LLC increased its holdings 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 worth $27,686,000 after purchasing an additional 303,364 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $13,530,000. Astor Investment Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at approximately $7,028,000. Finally, Ameritas Advisory Services LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 148.4% during the 4th quarter. Ameritas Advisory Services LLC now owns 40,562 shares of the company’s stock valued at $3,641,000 after buying an additional 24,233 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.1 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $95.60 on Thursday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The firm’s fifty day moving average is $92.90 and its 200 day moving average is $90.87.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued 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.