NBC Securities Inc. Has $53,000 Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

NBC Securities Inc. lessened its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 35.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 588 shares of the company’s stock after selling 324 shares during the period. NBC Securities Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $53,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Berkshire Money Management Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% in the 2nd quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock worth $71,052,000 after acquiring an additional 19,819 shares in the last quarter. Fiduciary Alliance LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the first quarter worth approximately $1,515,000. Ameritas Advisory Services LLC lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 15.6% in the second quarter. Ameritas Advisory Services LLC now owns 35,580 shares of the company’s stock valued at $3,157,000 after buying an additional 4,813 shares during the period. MRA Advisory Group boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 68.8% during the 2nd quarter. MRA Advisory Group now owns 105,619 shares of the company’s stock worth $9,373,000 after buying an additional 43,058 shares in the last quarter. Finally, Orion Portfolio Solutions LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.3% during the 1st quarter. Orion Portfolio Solutions LLC now owns 11,209 shares of the company’s stock worth $1,000,000 after buying an additional 146 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.7 %

NASDAQ:QQQE opened at $91.60 on Monday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $70.18 and a twelve month high of $92.68. The company has a fifty day moving average of $89.01 and a 200-day moving average of $87.97.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.1602 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 annualized dividend and a dividend yield of 0.70%.

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.