D.A. Davidson & CO. Decreases Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

D.A. Davidson & CO. trimmed its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 8.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,090 shares of the company’s stock after selling 2,422 shares during the period. D.A. Davidson & CO. owned about 0.19% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,342,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Total Investment Management Inc. raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the 4th quarter. Total Investment Management Inc. now owns 685,085 shares of the company’s stock valued at $61,500,000 after buying an additional 24,002 shares in the last quarter. Allworth Financial LP raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 29.6% during the 4th quarter. Allworth Financial LP now owns 1,372 shares of the company’s stock valued at $129,000 after buying an additional 313 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $1,636,000. Hickory Asset Management Inc. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $290,000. Finally, DHJJ Financial Advisors Ltd. raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 17.9% during the 4th quarter. DHJJ Financial Advisors Ltd. now owns 3,417 shares of the company’s stock valued at $307,000 after buying an additional 518 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $95.39 on Friday. The business’s 50 day simple moving average is $93.13 and its two-hundred day simple moving average is $91.31. The stock has a market capitalization of $1.33 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $81.45 and a one year high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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

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.