Capital Market Strategies LLC Lowers Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Capital Market Strategies LLC cut its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 4.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,682 shares of the company’s stock after selling 369 shares during the quarter. Capital Market Strategies LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $783,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. White Pine Investment CO lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.8% during the second quarter. White Pine Investment CO now owns 16,310 shares of the company’s stock worth $1,447,000 after purchasing an additional 124 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,818 shares of the company’s stock valued at $339,000 after acquiring an additional 129 shares during the last quarter. CWM LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11.1% during the 2nd quarter. CWM LLC now owns 1,312 shares of the company’s stock valued at $116,000 after acquiring an additional 131 shares during the last quarter. Mystic Asset Management Inc. lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the first quarter. Mystic Asset Management Inc. now owns 10,230 shares of the company’s stock valued at $913,000 after purchasing an additional 140 shares in the last quarter. Finally, Orion Portfolio Solutions LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% in the first quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company’s stock worth $1,000,000 after acquiring an additional 146 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $89.27 on Friday. The company has a market capitalization of $1.39 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The company’s fifty day moving average price is $87.75 and its two-hundred day moving average price is $87.79. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $70.18 and a one year high of $92.06.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a $0.1602 dividend. This represents a $0.64 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.