Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Position Decreased by Oxinas Partners Wealth Management LLC

Oxinas Partners Wealth Management LLC trimmed its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 41.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,948 shares of the company’s stock after selling 7,084 shares during the quarter. Oxinas Partners Wealth Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $893,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goodman Advisory Group LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter worth approximately $54,000. Beaird Harris Wealth Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at approximately $55,000. JPMorgan Chase & Co. grew its stake in shares of 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 last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth $142,000. Finally, National Bank of Canada FI boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% during the third quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock worth $182,000 after buying an additional 374 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ:QQQE opened at $93.71 on Wednesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $81.45 and a 52 week high of $96.39. The company’s fifty day moving average is $92.66 and its 200-day moving average is $90.34. The company has a market capitalization of $1.29 billion, a PE ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date 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.