Total Clarity Wealth Management Inc. Has $262,000 Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Total Clarity Wealth Management Inc. trimmed its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 5.7% in the second quarter, Holdings Channel.com reports. The firm owned 2,948 shares of the company’s stock after selling 178 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $262,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQE. CAP Partners LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $4,487,000. Nations Financial Group Inc. IA ADV grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 21.8% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 55,713 shares of the company’s stock worth $4,716,000 after acquiring an additional 9,985 shares during the period. Berkshire Money Management Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% during the 2nd quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock valued at $71,052,000 after acquiring an additional 19,819 shares during the last quarter. Fiduciary Alliance LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at $1,515,000. Finally, Waddell & Associates LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1,734.4% in the 4th quarter. Waddell & Associates LLC now owns 354,873 shares of the company’s stock worth $30,037,000 after purchasing an additional 335,528 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.1 %

NASDAQ QQQE opened at $88.55 on Tuesday. The company has a market capitalization 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 12 month low of $70.18 and a 12 month high of $92.06. The stock has a 50-day simple moving average of $87.79 and a 200 day simple moving average of $87.68.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were given a $0.1796 dividend. The ex-dividend date was Tuesday, June 25th. This represents a $0.72 dividend on an annualized basis 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.