Rothschild & Co Wealth Management UK Ltd Decreases Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Rothschild & Co Wealth Management UK Ltd decreased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 27.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,231 shares of the company’s stock after selling 42,160 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares comprises approximately 0.2% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 18th largest holding. Rothschild & Co Wealth Management UK Ltd owned approximately 0.78% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $9,806,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in QQQE. Global Trust Asset Management LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $38,000. Goodman Advisory Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter valued at $54,000. Beaird Harris Wealth Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter valued at $55,000. JPMorgan Chase & Co. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after buying an additional 787 shares in the last quarter. Finally, Raleigh Capital Management Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at approximately $142,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE opened at $94.36 on Thursday. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $81.45 and a one year high of $96.39. The business’s fifty day moving average is $92.66 and its two-hundred day moving average is $90.37. The company has a market cap of $1.30 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2402 per share. The ex-dividend date 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.