Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by SOL Capital Management CO

SOL Capital Management CO lowered its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 18.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,440 shares of the company’s stock after selling 10,870 shares during the period. SOL Capital Management CO’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $4,259,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Global Trust Asset Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $38,000. JPMorgan Chase & Co. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after purchasing an additional 787 shares in the last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at about $142,000. National Bank of Canada FI increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the third quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock worth $182,000 after buying an additional 374 shares during the last quarter. Finally, Prospera Private Wealth LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at approximately $199,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.1 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $94.18 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $81.45 and a 1-year high of $96.39. The firm’s fifty day simple moving average is $92.84 and its 200-day simple moving average is $90.50. The company has a market capitalization of $1.33 billion, a P/E ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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