Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC cut its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 7.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,532 shares of the company’s stock after selling 599 shares during the period. SeaCrest Wealth Management LLC owned about 0.05% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQE. Tower Research Capital LLC TRC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at $778,000. Jackson Wealth Management LLC lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.4% during the third quarter. Jackson Wealth Management LLC now owns 19,574 shares of the company’s stock valued at $1,464,000 after purchasing an additional 825 shares during the period. Purus Wealth Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $226,000. Galvin Gaustad & Stein LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $223,000. Finally, FNY Investment Advisers LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 450.0% in the fourth quarter. FNY Investment Advisers LLC now owns 385 shares of the company’s stock worth $32,000 after acquiring an additional 315 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $89.45 on Thursday. The firm has a 50-day simple moving average of $87.65 and a two-hundred day simple moving average of $86.78. The company has a market cap of $1.25 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $70.18 and a fifty-two week high of $89.86.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were given a $0.1796 dividend. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.80%.

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.