Waterloo Capital L.P. Has $409,000 Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Waterloo Capital L.P. trimmed its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,608 shares of the company’s stock after selling 158 shares during the period. Waterloo Capital L.P.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $409,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Montag A & Associates Inc. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter valued at $26,000. TD Capital Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at about $29,000. Banque Cantonale Vaudoise acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at about $85,000. CWM LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11.1% in 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. Finally, WR Wealth Planners LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 27.3% in the second quarter. WR Wealth Planners LLC now owns 1,882 shares of the company’s stock worth $167,000 after purchasing an additional 404 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE opened at $89.82 on Friday. The company has a market capitalization of $1.40 billion, a PE ratio of 28.84 and a beta of 1.05. The company’s 50 day moving average price is $87.70 and its 200 day moving average price is $87.70. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $70.18 and a 52 week high of $92.06.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th were issued a dividend of $0.1796 per share. This represents a $0.72 annualized dividend and a dividend yield of 0.80%. The ex-dividend date of this dividend was Tuesday, June 25th.

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.