Prospera Private Wealth LLC Invests $199,000 in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Prospera Private Wealth LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,205 shares of the company’s stock, valued at approximately $199,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. White Pine Investment CO lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.8% during the 2nd quarter. White Pine Investment CO now owns 16,310 shares of the company’s stock valued at $1,447,000 after buying an additional 124 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in 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 purchasing an additional 129 shares during the period. CWM LLC increased its position in 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 purchasing an additional 131 shares during the period. Orion Portfolio Solutions LLC increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% during the 1st quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company’s stock valued at $1,000,000 after purchasing an additional 146 shares during the period. Finally, DHJJ Financial Advisors Ltd. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.3% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 2,898 shares of the company’s stock valued at $257,000 after purchasing an additional 147 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $91.93 on Thursday. The company has a market capitalization of $1.31 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The company’s 50-day simple moving average is $90.65 and its two-hundred day simple moving average is $88.92. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $77.72 and a one year high of $94.29.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were given a dividend of $0.1602 per share. This represents a $0.64 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date was Tuesday, September 24th.

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.