Janney Montgomery Scott LLC Decreases Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Janney Montgomery Scott LLC lowered its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 2.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,125 shares of the company’s stock after selling 297 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.08% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of QQQE. Global Trust Asset Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $38,000. JPMorgan Chase & Co. lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the third quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after purchasing an additional 787 shares during the last quarter. Raleigh Capital Management Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at about $142,000. National Bank of Canada FI grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% during the third quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock valued at $182,000 after buying an additional 374 shares during the last quarter. Finally, Prospera Private Wealth LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $199,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.0 %

NASDAQ QQQE opened at $95.33 on Thursday. The firm has a market cap of $1.34 billion, a PE 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 $96.39. The stock has a 50-day moving average of $92.83 and a 200-day moving average of $90.61.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.

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.