Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Stock Position Increased by CAP Partners LLC

CAP Partners LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 0.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,323 shares of the company’s stock after purchasing an additional 196 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares makes up 3.5% of CAP Partners LLC’s investment portfolio, making the stock its 4th largest holding. CAP Partners LLC owned 0.39% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $4,966,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $31,000. Global Trust Asset Management LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth approximately $38,000. Heck Capital Advisors LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $43,000. New Wave Wealth Advisors LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $63,000. Finally, JPMorgan Chase & Co. raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the third quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after acquiring an additional 787 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $95.66 on Tuesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $81.45 and a 1-year high of $96.39. The company’s fifty day simple moving average is $92.89 and its 200-day simple moving average is $90.75. The stock has a market capitalization of $1.33 billion, a PE ratio of 28.84 and a beta of 1.05.

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 issued a dividend of $0.2402 per share. 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.