CreativeOne Wealth LLC Purchases New Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

CreativeOne Wealth LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 3rd quarter, HoldingsChannel.com reports. The fund purchased 4,947 shares of the company’s stock, valued at approximately $446,000.

A number of other hedge funds also recently modified their holdings of QQQE. Berkshire Money Management Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.5% in the second quarter. Berkshire Money Management Inc. now owns 800,676 shares of the company’s stock valued at $71,052,000 after purchasing an additional 19,819 shares in the last quarter. Total Investment Management Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at $59,630,000. Waddell & Associates LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the 3rd quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock worth $33,775,000 after acquiring an additional 12,033 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% during the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock worth $27,686,000 after acquiring an additional 303,364 shares during the period. Finally, Frisch Financial Group Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 10.8% during the 2nd quarter. Frisch Financial Group Inc. now owns 181,316 shares of the company’s stock valued at $16,090,000 after acquiring an additional 17,674 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.6 %

NASDAQ:QQQE opened at $94.63 on Monday. The firm has a market capitalization of $1.35 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 $78.32 and a 12-month high of $95.41. The firm has a 50-day moving average price of $91.52 and a 200 day moving average price of $89.32.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.68%.

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.