SBI Securities Co. Ltd. Takes Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

SBI Securities Co. Ltd. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 374 shares of the company’s stock, valued at approximately $34,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $31,000. Kestra Investment Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $31,000. Global Trust Asset Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $38,000. Heck Capital Advisors LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $43,000. Finally, New Wave Wealth Advisors LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $63,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

NASDAQ:QQQE opened at $87.18 on Wednesday. The firm’s fifty day moving average price is $93.09 and its 200 day moving average price is $91.86. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $81.45 and a 1-year high of $97.98. The firm has a market cap of $1.22 billion, a price-to-earnings 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. Shareholders of record on Monday, December 23rd were given a dividend of $0.2402 per share. 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.