Crewe Advisors LLC Invests $212,000 in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Crewe Advisors LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,380 shares of the company’s stock, valued at approximately $212,000.

Other large investors also recently modified their holdings of the company. Mystic Asset Management Inc. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the 1st quarter. Mystic Asset Management Inc. now owns 10,230 shares of the company’s stock valued at $913,000 after purchasing an additional 140 shares during the period. Orion Portfolio Solutions LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% in the 1st quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company’s stock valued at $1,000,000 after purchasing an additional 146 shares during the period. Curtis Advisory Group LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.8% in the 1st quarter. Curtis Advisory Group LLC now owns 13,827 shares of the company’s stock valued at $1,233,000 after purchasing an additional 239 shares during the period. Private Capital Management LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 8.5% in the 4th quarter. Private Capital Management LLC now owns 3,561 shares of the company’s stock valued at $301,000 after purchasing an additional 280 shares during the period. Finally, Montag A & Associates Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at $26,000.

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

NASDAQ QQQE traded down $0.31 during mid-day trading on Thursday, hitting $86.54. The company’s stock had a trading volume of 288,412 shares, compared to its average volume of 221,871. The company’s 50 day simple moving average is $88.79 and its 200 day simple moving average is $87.40. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $70.18 and a twelve month high of $92.06. The firm has a market capitalization of $1.35 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were paid a dividend of $0.1796 per share. This represents a $0.72 annualized dividend and a yield of 0.83%. The ex-dividend date was Tuesday, June 25th.

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.