SBI Securities Co. Ltd. Makes New Investment 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) in the 4th quarter, Holdings Channel reports. The institutional investor bought 374 shares of the company’s stock, valued at approximately $34,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Atria Investments Inc purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth about $2,177,000. Axxcess Wealth Management LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $223,000. Total Investment Management Inc. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at about $59,630,000. Paulson Wealth Management Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 48.4% during the third quarter. Paulson Wealth Management Inc. now owns 6,209 shares of the company’s stock valued at $560,000 after purchasing an additional 2,025 shares in the last quarter. Finally, CAP Partners LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.1% during the third quarter. CAP Partners LLC now owns 55,127 shares of the company’s stock worth $4,972,000 after acquiring an additional 2,193 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.0 %

NASDAQ:QQQE opened at $87.18 on Wednesday. The business’s 50-day moving average price is $93.09 and its 200 day moving average price is $91.86. The firm has a market cap of $1.22 billion, a P/E ratio of 28.59 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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

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.