Sanctuary Advisors LLC Lowers Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Sanctuary Advisors LLC cut its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 8.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,103 shares of the company’s stock after selling 273 shares during the quarter. Sanctuary Advisors LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Kaydan Wealth Management Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the fourth quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock worth $216,000 after buying an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock worth $396,000 after buying an additional 139 shares in the last quarter. Beck Capital Management LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the third quarter. Beck Capital Management LLC now owns 21,772 shares of the company’s stock worth $1,964,000 after buying an additional 158 shares in the last quarter. CAP Partners LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the fourth quarter. CAP Partners LLC now owns 55,323 shares of the company’s stock worth $4,966,000 after buying an additional 196 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.5% in the fourth quarter. Focus Financial Network Inc. now owns 7,043 shares of the company’s stock worth $632,000 after acquiring an additional 239 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE opened at $91.13 on Wednesday. The company’s 50 day simple moving average is $93.25 and its 200 day simple moving average is $91.85. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $97.98. The stock has a market capitalization of $1.27 billion, a PE ratio of 28.59 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors 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.