Sigma Planning Corp Increases Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Sigma Planning Corp increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 129.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,789 shares of the company’s stock after buying an additional 4,389 shares during the period. Sigma Planning Corp owned 0.06% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $659,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Rothschild & Co Wealth Management UK Ltd boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.3% during the third quarter. Rothschild & Co Wealth Management UK Ltd now owns 164,770 shares of the company’s stock worth $12,320,000 after buying an additional 8,292 shares in the last quarter. UBS Group AG boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 156.2% during the third quarter. UBS Group AG now owns 157,491 shares of the company’s stock worth $11,776,000 after buying an additional 96,029 shares in the last quarter. Carr Financial Group Corp purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $12,032,000. SteelPeak Wealth LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $11,427,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 6.8% during the third quarter. Envestnet Asset Management Inc. now owns 125,945 shares of the company’s stock worth $9,417,000 after buying an additional 8,003 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ QQQE opened at $85.09 on Thursday. The company’s fifty day moving average price is $87.44 and its 200 day moving average price is $82.88. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $69.04 and a 1 year high of $89.86. The company has a market capitalization of $1.18 billion, a PE ratio of 29.45 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were issued a dividend of $0.1907 per share. This represents a $0.76 annualized dividend and a yield of 0.90%. The ex-dividend date was Tuesday, March 19th.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.