CreativeOne Wealth LLC Acquires New Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

CreativeOne Wealth LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 4,947 shares of the company’s stock, valued at approximately $446,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth $54,000. Beaird Harris Wealth Management LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth $55,000. Banque Cantonale Vaudoise boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 25.9% during the second quarter. Banque Cantonale Vaudoise now owns 1,199 shares of the company’s stock valued at $106,000 after acquiring an additional 247 shares during the period. CWM LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11.1% in the second quarter. CWM LLC now owns 1,312 shares of the company’s stock valued at $116,000 after purchasing an additional 131 shares during the last quarter. Finally, Raleigh Capital Management Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $142,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.6 %

Shares of NASDAQ:QQQE opened at $94.63 on Monday. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The business has a 50 day moving average price of $91.52 and a 200 day moving average price of $89.32. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $78.32 and a twelve month high of $95.41.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were given a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 annualized dividend and a dividend yield of 0.68%.

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.