Strategic Financial Concepts LLC Buys New Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Strategic Financial Concepts LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 18,223 shares of the company’s stock, valued at approximately $1,636,000. Strategic Financial Concepts LLC owned about 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Hickory Asset Management Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $290,000. DHJJ Financial Advisors Ltd. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 17.9% in the 4th quarter. DHJJ Financial Advisors Ltd. now owns 3,417 shares of the company’s stock worth $307,000 after purchasing an additional 518 shares during the last quarter. Avestar Capital LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% in the 4th quarter. Avestar Capital LLC now owns 73,385 shares of the company’s stock worth $6,588,000 after purchasing an additional 3,252 shares during the last quarter. CAP Partners LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% in the 4th quarter. CAP Partners LLC now owns 55,323 shares of the company’s stock worth $4,966,000 after purchasing an additional 196 shares during the last quarter. Finally, Stonebridge Financial Group LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $31,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

NASDAQ QQQE opened at $96.81 on Tuesday. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The company’s fifty day moving average is $92.94 and its two-hundred day moving average is $91.06. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.08.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.

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.