Thrivent Financial for Lutherans Sells 425 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Thrivent Financial for Lutherans trimmed its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 1.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,338 shares of the company’s stock after selling 425 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.20% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Montag A & Associates Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth $26,000. Banque Cantonale Vaudoise bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at about $85,000. CWM LLC lifted its stake 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 acquiring an additional 131 shares during the last quarter. WR Wealth Planners LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 27.3% during the 2nd quarter. WR Wealth Planners LLC now owns 1,882 shares of the company’s stock valued at $167,000 after purchasing an additional 404 shares during the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter valued at approximately $202,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.0 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $90.37 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $70.18 and a 12-month high of $92.06. The stock has a market cap of $1.41 billion, a P/E ratio of 28.84 and a beta of 1.05. The company has a fifty day simple moving average of $87.63 and a 200-day simple moving average of $87.74.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th will be paid a dividend of $0.1602 per share. The ex-dividend date is Tuesday, September 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.71%.

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.