Sigma Planning Corp Boosts Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Sigma Planning Corp grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 129.1% during the fourth quarter, HoldingsChannel reports. The firm owned 7,789 shares of the company’s stock after buying an additional 4,389 shares during the period. Sigma Planning Corp’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $659,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. Rothschild & Co Wealth Management UK Ltd raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.3% during the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 164,770 shares of the company’s stock valued at $12,320,000 after purchasing an additional 8,292 shares during the period. UBS Group AG grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 156.2% during the third quarter. UBS Group AG now owns 157,491 shares of the company’s stock worth $11,776,000 after buying an additional 96,029 shares in the last quarter. Carr Financial Group Corp acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $12,032,000. SteelPeak Wealth LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $11,427,000. Finally, Envestnet Asset Management Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 125,945 shares of the company’s stock worth $9,417,000 after buying an additional 8,003 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.4 %

QQQE stock opened at $85.09 on Thursday. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $69.04 and a twelve month high of $89.86. The company has a market capitalization of $1.18 billion, a P/E ratio of 29.45 and a beta of 1.05. The firm has a 50 day simple moving average of $87.44 and a 200-day simple moving average of $82.88.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were given a dividend of $0.1907 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Tuesday, March 19th.

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.