5,517 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Bought by RFG Advisory LLC

RFG Advisory LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 5,517 shares of the company’s stock, valued at approximately $495,000.

Several other hedge funds and other institutional investors have also made changes to their positions in QQQE. Global Trust Asset Management LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $38,000. JPMorgan Chase & Co. lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the third quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after acquiring an additional 787 shares during the period. Raleigh Capital Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at about $142,000. National Bank of Canada FI raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the 3rd quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock valued at $182,000 after purchasing an additional 374 shares in the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth approximately $199,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.2 %

Shares of QQQE stock opened at $92.90 on Tuesday. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The company’s 50 day moving average is $92.76 and its 200 day moving average is $90.45.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date of this dividend 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.