Private Capital Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 6.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,897 shares of the company’s stock after purchasing an additional 239 shares during the quarter. Private Capital Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $352,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in QQQE. Total Investment Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $59,630,000. BNP Paribas Financial Markets acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at about $13,530,000. Ameritas Advisory Services LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 148.4% in the 4th quarter. Ameritas Advisory Services LLC now owns 40,562 shares of the company’s stock valued at $3,641,000 after purchasing an additional 24,233 shares in the last quarter. Atria Investments Inc acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth about $2,177,000. Finally, Strategic Financial Concepts LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $1,636,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 2.0 %
Shares of QQQE opened at $91.87 on Friday. The firm has a market cap of $1.28 billion, a P/E ratio of 28.59 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 $97.98. The stock’s 50 day moving average is $93.22 and its two-hundred day moving average is $91.67.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
About Direxion NASDAQ-100 Equal Weighted Index Shares
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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