Legacy Capital Group California Inc. Cuts Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Legacy Capital Group California Inc. lowered its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,216 shares of the company’s stock after selling 962 shares during the quarter. Legacy Capital Group California Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Stonebridge Financial Group LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $31,000. Kestra Investment Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $31,000. Global Trust Asset Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $38,000. Heck Capital Advisors LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $43,000. Finally, New Wave Wealth Advisors LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $63,000.

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

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $97.26 on Friday. The firm has a fifty day moving average of $93.13 and a 200-day moving average of $91.31. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.98. The firm has a market capitalization of $1.36 billion, a P/E ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date 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.