Rockefeller Capital Management L.P. Reduces Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Rockefeller Capital Management L.P. cut its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 9.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,574 shares of the company’s stock after selling 1,371 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $1,129,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Dana Investment Advisors Inc. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.5% in the fourth quarter. Dana Investment Advisors Inc. now owns 7,394 shares of the company’s stock valued at $664,000 after acquiring an additional 112 shares in the last quarter. Kaydan Wealth Management Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% in the 4th quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock valued at $216,000 after purchasing an additional 127 shares in the last quarter. Tilia Fiduciary Partners Inc. lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock worth $396,000 after purchasing an additional 139 shares during the last quarter. Flagstar Advisors Inc. lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% during the fourth quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company’s stock worth $1,145,000 after purchasing an additional 170 shares during the last quarter. Finally, CAP Partners LLC grew its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% in the fourth quarter. CAP Partners LLC now owns 55,323 shares of the company’s stock worth $4,966,000 after purchasing an additional 196 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 2.1 %

Shares of QQQE opened at $80.73 on Tuesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $75.07 and a 52 week high of $97.98. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 25.43 and a beta of 1.05. The stock has a 50 day moving average of $88.40 and a 200-day moving average of $91.11.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.0614 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.25 annualized dividend and a yield of 0.30%.

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.