Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Stock Holdings Boosted by Tradition Wealth Management LLC

Tradition Wealth Management LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 10.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,996 shares of the company’s stock after purchasing an additional 1,747 shares during the period. Tradition Wealth Management LLC owned 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,615,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Runnymede Capital Advisors Inc. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $26,000. Stonebridge Financial Group LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $31,000. Kestra Investment Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $31,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $34,000. Finally, Global Trust Asset Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $82.46 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $97.98. The business’s fifty day moving average is $88.70 and its two-hundred day moving average is $91.18. The stock has a market capitalization of $1.16 billion, a P/E ratio of 25.43 and a beta of 1.07.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.0614 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.30%.

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.