Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Bought by Kaydan Wealth Management Inc.

Kaydan Wealth Management Inc. grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,411 shares of the company’s stock after acquiring an additional 127 shares during the period. Kaydan Wealth Management Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $216,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Total Investment Management Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth $59,630,000. International Assets Investment Management LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after buying an additional 303,364 shares during the period. BNP Paribas Financial Markets acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $13,530,000. Astor Investment Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth approximately $7,028,000. Finally, B. Riley Wealth Advisors Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company’s stock worth $3,634,000 after buying an additional 34,636 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.2 %

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $92.90 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39. The company has a market capitalization of $1.28 billion, a P/E ratio of 28.84 and a beta of 1.05. The company has a 50 day moving average of $92.69 and a 200 day moving average of $90.32.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.2402 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.