WR Wealth Planners LLC Lowers Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

WR Wealth Planners LLC trimmed its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 45.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,382 shares of the company’s stock after selling 1,157 shares during the period. WR Wealth Planners LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $124,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Total Investment Management Inc. lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the fourth quarter. Total Investment Management Inc. now owns 685,085 shares of the company’s stock valued at $61,500,000 after purchasing an additional 24,002 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 16.9% during the fourth quarter. Gateway Wealth Partners LLC now owns 25,433 shares of the company’s stock valued at $2,283,000 after purchasing an additional 3,671 shares in the last quarter. Atria Investments Inc purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at $2,177,000. Merit Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $253,000. Finally, Hickory Asset Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $290,000.

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

QQQE opened at $92.93 on Friday. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 28.59 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.98. The firm’s fifty day simple moving average is $93.26 and its two-hundred day simple moving average is $91.77.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed 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 of this dividend was Monday, December 23rd.

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.