Jones Financial Companies Lllp Raises Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Jones Financial Companies Lllp grew its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 348.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,939 shares of the company’s stock after purchasing an additional 24,040 shares during the quarter. Jones Financial Companies Lllp owned about 0.22% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,777,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of QQQE. Kaydan Wealth Management Inc. raised its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% in the fourth quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock worth $216,000 after buying an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock worth $396,000 after acquiring an additional 139 shares during the period. Beck Capital Management LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% in the 3rd quarter. Beck Capital Management LLC now owns 21,772 shares of the company’s stock worth $1,964,000 after acquiring an additional 158 shares in the last quarter. Flagstar Advisors Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the 4th quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company’s stock worth $1,145,000 after acquiring an additional 170 shares in the last quarter. Finally, CAP Partners LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the fourth quarter. CAP Partners LLC now owns 55,323 shares of the company’s stock valued at $4,966,000 after purchasing an additional 196 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.0 %

QQQE opened at $92.06 on Thursday. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 28.59 and a beta of 1.05. The stock has a fifty day simple moving average of $93.25 and a two-hundred day simple moving average of $91.86. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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