Bank of New York Mellon Corp Has $642,000 Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Bank of New York Mellon Corp lowered its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 2.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,149 shares of the company’s stock after selling 162 shares during the quarter. Bank of New York Mellon Corp owned about 0.05% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $642,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FMR LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 394.6% during the 3rd quarter. FMR LLC now owns 3,858 shares of the company’s stock valued at $348,000 after purchasing an additional 3,078 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at approximately $13,530,000. CreativeOne Wealth LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at approximately $446,000. Tradition Wealth Management LLC boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 13.5% during the 3rd quarter. Tradition Wealth Management LLC now owns 16,249 shares of the company’s stock worth $1,466,000 after buying an additional 1,933 shares in the last quarter. Finally, Beck Capital Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the 3rd 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 during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.9 %

NASDAQ:QQQE opened at $90.03 on Thursday. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $81.45 and a twelve month high of $97.98. The company has a fifty day moving average of $92.74 and a 200-day moving average of $91.91. The firm has a market capitalization of $1.26 billion, a P/E ratio of 26.94 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be paid a $0.0614 dividend. This represents a $0.25 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend is Tuesday, March 25th.

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.