Beck Capital Management LLC Buys 158 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Beck Capital Management LLC raised its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 0.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,772 shares of the company’s stock after purchasing an additional 158 shares during the period. Beck Capital Management LLC owned 0.15% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,964,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Tradition Wealth Management LLC boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 13.5% in the third quarter. Tradition Wealth Management LLC now owns 16,249 shares of the company’s stock worth $1,466,000 after acquiring an additional 1,933 shares in the last quarter. CreativeOne Wealth LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $446,000. BNP Paribas Financial Markets acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at $13,530,000. FMR LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 394.6% during the 3rd quarter. FMR LLC now owns 3,858 shares of the company’s stock valued at $348,000 after purchasing an additional 3,078 shares in the last quarter. Finally, Waddell & Associates LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the third quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock worth $33,775,000 after buying an additional 12,033 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of NASDAQ QQQE opened at $94.63 on Monday. The company has a 50-day moving average price of $91.52 and a 200-day moving average price of $89.32. The stock has a market capitalization of $1.35 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $78.32 and a 1 year high of $95.41.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.68%.

Direxion NASDAQ-100 Equal Weighted Index Shares Company 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.