Capital Market Strategies LLC lessened its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,682 shares of the company’s stock after selling 369 shares during the quarter. Capital Market Strategies LLC owned approximately 0.06% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $783,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. Montag A & Associates Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth about $26,000. Goodman Advisory Group LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth about $54,000. Beaird Harris Wealth Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth about $55,000. Banque Cantonale Vaudoise bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter worth about $85,000. Finally, CWM LLC grew its position in 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 worth $116,000 after purchasing an additional 131 shares during the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.4 %
NASDAQ QQQE opened at $89.27 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $70.18 and a 52 week high of $92.06. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. The company has a 50-day moving average price of $87.75 and a two-hundred day moving average price of $87.79.
Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend
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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