Amplius Wealth Advisors LLC Takes Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Amplius Wealth Advisors LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,133 shares of the company’s stock, valued at approximately $281,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Purus Wealth Management LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 29.8% during the fourth quarter. Purus Wealth Management LLC now owns 3,140 shares of the company’s stock worth $282,000 after buying an additional 720 shares in the last quarter. Kaydan Wealth Management Inc. grew 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 worth $216,000 after acquiring an additional 127 shares in the last quarter. Brady Martz Wealth Solutions LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at about $213,000. Ameritas Advisory Services LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 148.4% during the fourth quarter. Ameritas Advisory Services LLC now owns 40,562 shares of the company’s stock valued at $3,641,000 after purchasing an additional 24,233 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $253,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE stock opened at $92.90 on Tuesday. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 28.84 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 $96.39. The company has a 50-day simple moving average of $92.66 and a two-hundred day simple moving average of $90.34.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2402 dividend. 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.