Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) is Total Investment Management Inc.’s 7th Largest Position

Total Investment Management Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 685,085 shares of the company’s stock after buying an additional 24,002 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares accounts for approximately 8.6% of Total Investment Management Inc.’s investment portfolio, making the stock its 7th largest position. Total Investment Management Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $61,500,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Waddell & Associates LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the third quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock valued at $33,775,000 after purchasing an additional 12,033 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% during the third quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after purchasing an additional 303,364 shares during the period. Frisch Financial Group Inc. boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% during the third quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock valued at $17,116,000 after purchasing an additional 8,099 shares during the period. BNP Paribas Financial Markets purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at $13,530,000. Finally, MRA Advisory Group boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.8% during the fourth quarter. MRA Advisory Group now owns 92,375 shares of the company’s stock valued at $8,293,000 after purchasing an additional 3,358 shares during the period.

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

Shares of QQQE opened at $96.81 on Monday. The firm has a fifty day moving average price of $92.94 and a 200-day moving average price of $91.06. The firm has a market capitalization of $1.35 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $97.08.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.

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.