Strategic Financial Concepts LLC Purchases Shares of 18,223 Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Strategic Financial Concepts LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 18,223 shares of the company’s stock, valued at approximately $1,636,000.

Other institutional investors have also recently bought and sold shares of the company. Global Trust Asset Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $43,000. New Wave Wealth Advisors LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $63,000. JPMorgan Chase & Co. raised its holdings in shares of 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 valued at $82,000 after purchasing an additional 787 shares during the last quarter. Finally, Raleigh Capital Management Inc. acquired 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 Up 0.9 %

NASDAQ QQQE opened at $95.66 on Tuesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $96.39. The company has a market capitalization of $1.33 billion, a PE ratio of 28.84 and a beta of 1.05. The firm’s 50 day moving average is $92.89 and its 200-day moving average is $90.75.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently disclosed 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.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.