Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC lowered its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 7.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,382 shares of the company’s stock after selling 6,806 shares during the period. HighTower Advisors LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $8,114,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Total Investment Management Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% in the 4th quarter. Total Investment Management Inc. now owns 685,085 shares of the company’s stock worth $61,500,000 after purchasing an additional 24,002 shares during the last quarter. Waddell & Associates LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% in the 3rd quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock worth $33,775,000 after purchasing an additional 12,033 shares during the last quarter. Frisch Financial Group Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% in the 3rd quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock worth $17,116,000 after purchasing an additional 8,099 shares during the last quarter. BNP Paribas Financial Markets acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth approximately $13,530,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth approximately $9,261,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $89.57 on Tuesday. The firm’s 50 day simple moving average is $92.87 and its 200-day simple moving average is $91.84. The company has a market cap of $1.25 billion, a P/E ratio of 26.94 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $81.45 and a fifty-two week high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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