Axxcess Wealth Management LLC Sells 4,743 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Axxcess Wealth Management LLC trimmed its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 1.8% in the fourth quarter, HoldingsChannel reports. The fund owned 252,160 shares of the company’s stock after selling 4,743 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares makes up 0.6% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its 29th biggest position. Axxcess Wealth Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $21,343,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Wolff Wiese Magana LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at approximately $26,000. FNY Investment Advisers LLC boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% during the fourth quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock worth $32,000 after purchasing an additional 315 shares during the period. CWM LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 56.8% in the third quarter. CWM LLC now owns 765 shares of the company’s stock worth $57,000 after purchasing an additional 277 shares during the last quarter. Spire Wealth Management increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 64.4% during the 3rd quarter. Spire Wealth Management now owns 881 shares of the company’s stock valued at $66,000 after purchasing an additional 345 shares during the period. Finally, NBC Securities Inc. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at approximately $75,000.

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

Shares of QQQE stock traded up $1.03 during trading hours on Friday, reaching $85.67. The company’s stock had a trading volume of 146,944 shares, compared to its average volume of 197,334. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $69.42 and a one year high of $89.86. The stock has a market capitalization of $1.20 billion, a P/E ratio of 28.84 and a beta of 1.05. The firm’s fifty day simple moving average is $87.14 and its 200 day simple moving average is $83.33.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were given a dividend of $0.1907 per share. This represents a $0.76 annualized dividend and a yield of 0.89%. The ex-dividend date was Tuesday, March 19th.

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.