Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Position Boosted by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,394 shares of the company’s stock after purchasing an additional 112 shares during the period. Dana Investment Advisors Inc. owned about 0.05% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $664,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $34,000. Jones Financial Companies Lllp lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 348.5% in the fourth quarter. Jones Financial Companies Lllp now owns 30,939 shares of the company’s stock worth $2,777,000 after acquiring an additional 24,040 shares during the last quarter. Private Capital Management LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 6.5% in the third quarter. Private Capital Management LLC now owns 3,897 shares of the company’s stock worth $352,000 after acquiring an additional 239 shares during the last quarter. Kovack Advisors Inc. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $205,000. Finally, Weil Company Inc. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $375,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.7 %

Shares of NASDAQ QQQE opened at $90.51 on Friday. The firm’s 50-day moving average price is $93.19 and its two-hundred day moving average price is $91.87. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.98. The stock has a market capitalization of $1.26 billion, a P/E ratio of 28.59 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.