Thoroughbred Financial Services LLC Purchases New Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Thoroughbred Financial Services LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,629 shares of the company’s stock, valued at approximately $233,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Waddell & Associates LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% during the 2nd quarter. Waddell & Associates LLC now owns 362,412 shares of the company’s stock worth $32,160,000 after purchasing an additional 4,559 shares during the last quarter. MRA Advisory Group boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 68.8% during the 2nd quarter. MRA Advisory Group now owns 105,619 shares of the company’s stock worth $9,373,000 after purchasing an additional 43,058 shares during the last quarter. 9258 Wealth Management LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.7% during the 2nd quarter. 9258 Wealth Management LLC now owns 11,004 shares of the company’s stock worth $976,000 after purchasing an additional 294 shares during the last quarter. WR Wealth Planners LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 27.3% during the 2nd quarter. WR Wealth Planners LLC now owns 1,882 shares of the company’s stock worth $167,000 after purchasing an additional 404 shares during the last quarter. Finally, Banque Cantonale Vaudoise boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 25.9% during the 2nd quarter. Banque Cantonale Vaudoise now owns 1,199 shares of the company’s stock worth $106,000 after purchasing an additional 247 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.0 %

Shares of QQQE opened at $88.51 on Wednesday. The firm’s fifty day moving average is $87.76 and its two-hundred day moving average is $87.68. The stock has a market cap of $1.38 billion, a PE 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 $92.06.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th were given a dividend of $0.1796 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $0.72 annualized dividend and a dividend yield of 0.81%.

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.