Kestra Investment Management LLC Takes Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Kestra Investment Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 350 shares of the company’s stock, valued at approximately $31,000.

A number of other large investors have also recently made changes to their positions in QQQE. Total Investment Management Inc. grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the 4th quarter. Total Investment Management Inc. now owns 685,085 shares of the company’s stock worth $61,500,000 after acquiring an additional 24,002 shares in the last quarter. Waddell & Associates LLC grew 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 worth $33,775,000 after purchasing an additional 12,033 shares in the last quarter. International Assets Investment Management LLC grew 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 worth $27,686,000 after purchasing an additional 303,364 shares in the last quarter. Frisch Financial Group Inc. increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% in the third quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock valued at $17,116,000 after buying an additional 8,099 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $13,530,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of NASDAQ QQQE opened at $95.39 on Friday. The business has a 50-day moving average of $93.15 and a two-hundred day moving average of $91.40. The company has a market capitalization of $1.33 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.2402 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.