342 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Bought by Stonebridge Financial Group LLC

Stonebridge Financial Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 342 shares of the company’s stock, valued at approximately $31,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Total Investment Management Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at about $59,630,000. Waddell & Associates LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% in the 3rd quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock valued at $33,775,000 after acquiring an additional 12,033 shares in the last quarter. International Assets Investment Management LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd 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 period. Frisch Financial Group Inc. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% during the 3rd quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock worth $17,116,000 after purchasing an additional 8,099 shares in the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at $13,530,000.

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

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $96.81 on Friday. The stock has a market cap of $1.35 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $81.45 and a 12 month high of $97.08. The business has a fifty day simple moving average of $92.92 and a 200-day simple moving average of $90.95.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.