Fmr LLC Has $348,000 Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Fmr LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 394.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,858 shares of the company’s stock after buying an additional 3,078 shares during the quarter. Fmr LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $348,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Goodman Advisory Group LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter valued at approximately $54,000. Beaird Harris Wealth Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth $55,000. Banque Cantonale Vaudoise lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 25.9% during the 2nd quarter. Banque Cantonale Vaudoise now owns 1,199 shares of the company’s stock worth $106,000 after buying an additional 247 shares in the last quarter. Raleigh Capital Management Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $142,000. Finally, WR Wealth Planners LLC lifted its position in shares of 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 buying an additional 404 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.8 %

QQQE opened at $90.22 on Friday. The company has a 50 day moving average of $92.78 and a 200 day moving average of $89.93. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $81.45 and a 12 month high of $96.39. The company has a market cap of $1.29 billion, a PE ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were paid a dividend of $0.1602 per share. This represents a $0.64 annualized dividend and a yield of 0.71%. The ex-dividend date was Tuesday, September 24th.

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.