Banque Cantonale Vaudoise Purchases New Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Banque Cantonale Vaudoise purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 952 shares of the company’s stock, valued at approximately $85,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TD Capital Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $29,000. FNY Investment Advisers LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% during the fourth quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock valued at $32,000 after purchasing an additional 315 shares in the last quarter. CWM LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% during the fourth quarter. CWM LLC now owns 1,125 shares of the company’s stock valued at $95,000 after purchasing an additional 360 shares in the last quarter. Baystate Wealth Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $112,000. Finally, AdvisorNet Financial Inc purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at $119,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.5 %

QQQE opened at $88.96 on Tuesday. The company has a market cap of $1.24 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 $70.18 and a 52-week high of $89.86. The firm’s fifty day simple moving average is $86.97 and its two-hundred day simple moving average is $86.47.

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.