2,350 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Bought by Resurgent Financial Advisors LLC

Resurgent Financial Advisors LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,350 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Waddell & Associates LLC lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 1,734.4% during the fourth quarter. Waddell & Associates LLC now owns 354,873 shares of the company’s stock worth $30,037,000 after purchasing an additional 335,528 shares during the last quarter. Carr Financial Group Corp purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $12,032,000. SteelPeak Wealth LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $11,427,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $6,272,000. Finally, Avestar Capital LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth $4,685,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE traded down $0.57 during trading hours on Tuesday, hitting $89.17. The company had a trading volume of 94,694 shares, compared to its average volume of 218,746. The business has a 50 day moving average of $88.83 and a 200-day moving average of $87.37. The company has a market cap of $1.39 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $70.18 and a 1-year high of $92.06.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a dividend of $0.1796 per share. The ex-dividend date was Tuesday, June 25th. This represents a $0.72 dividend on an annualized basis and a yield of 0.81%.

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.