Carr Financial Group Corp lowered its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 19.9% in the fourth quarter, HoldingsChannel.com reports. The fund owned 30,378 shares of the company’s stock after selling 7,555 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares comprises about 0.8% of Carr Financial Group Corp’s portfolio, making the stock its 25th largest holding. Carr Financial Group Corp’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $2,727,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQE. Total Investment Management Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth about $59,630,000. International Assets Investment Management LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after buying an additional 303,364 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at about $13,530,000. Astor Investment Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at about $7,028,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company’s stock valued at $3,634,000 after buying an additional 34,636 shares during the period.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.5 %
Shares of QQQE stock opened at $94.01 on Friday. The stock has a market cap of $1.32 billion, a PE ratio of 28.84 and a beta of 1.05. The business has a 50-day simple moving average of $92.76 and a 200-day simple moving average of $90.45. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
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.
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Want to see what other hedge funds are holding QQQE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report).
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