Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Stock Holdings Lifted by Waddell & Associates LLC

Waddell & Associates LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 412,249 shares of the company’s stock after purchasing an additional 4,347 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares makes up approximately 2.8% of Waddell & Associates LLC’s holdings, making the stock its 13th biggest position. Waddell & Associates LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $42,177,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 13,007.3% in the third quarter. JPMorgan Chase & Co. now owns 19,661 shares of the company’s stock worth $1,998,000 after buying an additional 19,511 shares during the last quarter. SteelPeak Wealth LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $56,917,000. Ballast Rock Private Wealth LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $574,000. UBS Group AG lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 14.7% in the fourth quarter. UBS Group AG now owns 225,759 shares of the company’s stock worth $23,097,000 after buying an additional 28,901 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 865.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 525,272 shares of the company’s stock worth $53,741,000 after purchasing an additional 470,880 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.2%

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $117.67 on Tuesday. The stock has a market capitalization of $1.32 billion, a P/E ratio of 27.96 and a beta of 1.09. The stock has a 50 day moving average price of $109.71 and a two-hundred day moving average price of $105.21. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $94.29 and a 12-month high of $122.07.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a dividend of $0.1627 per share. This represents a $0.65 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.