Astor Investment Management LLC Sells 4,446 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Astor Investment Management LLC reduced its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 5.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,475 shares of the company’s stock after selling 4,446 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares makes up approximately 3.4% of Astor Investment Management LLC’s holdings, making the stock its 14th largest holding. Astor Investment Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $6,596,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Regal Investment Advisors LLC increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.0% in the 2nd quarter. Regal Investment Advisors LLC now owns 9,381 shares of the company’s stock valued at $832,000 after acquiring an additional 360 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.3% in the second quarter. Gateway Wealth Partners LLC now owns 20,134 shares of the company’s stock valued at $1,787,000 after purchasing an additional 1,021 shares in the last quarter. B. Riley Wealth Advisors Inc. raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company’s stock worth $3,634,000 after purchasing an additional 34,636 shares during the last quarter. Truist Financial Corp lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 14.9% during the 2nd quarter. Truist Financial Corp now owns 32,513 shares of the company’s stock worth $2,885,000 after buying an additional 4,214 shares in the last quarter. Finally, CWM LLC boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 318.9% in the 3rd quarter. CWM LLC now owns 5,496 shares of the company’s stock valued at $496,000 after buying an additional 4,184 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.5 %

Shares of QQQE opened at $94.01 on Monday. The stock’s fifty day simple moving average is $92.76 and its 200-day simple moving average is $90.45. The firm has a market capitalization of $1.32 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $96.39.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently declared 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 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.