Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Bought by CAP Partners LLC

CAP Partners LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 4.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 55,127 shares of the company’s stock after buying an additional 2,193 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares makes up 3.7% of CAP Partners LLC’s holdings, making the stock its 3rd biggest holding. CAP Partners LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $4,972,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Berkshire Money Management Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% during the second quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock worth $71,052,000 after acquiring an additional 19,819 shares during the last quarter. Total Investment Management Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth about $59,630,000. Waddell & Associates LLC lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% during the 2nd quarter. Waddell & Associates LLC now owns 362,412 shares of the company’s stock valued at $32,160,000 after purchasing an additional 4,559 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after purchasing an additional 303,364 shares during the last quarter. Finally, Frisch Financial Group Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 10.8% during the 2nd quarter. Frisch Financial Group Inc. now owns 181,316 shares of the company’s stock worth $16,090,000 after buying an additional 17,674 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of NASDAQ QQQE opened at $90.85 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $76.87 and a fifty-two week high of $94.29. The firm has a market capitalization of $1.29 billion, a P/E ratio of 28.84 and a beta of 1.05. The company’s 50 day simple moving average is $90.44 and its 200 day simple moving average is $88.83.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were paid a $0.1602 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.71%. The ex-dividend date was Tuesday, September 24th.

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.