Traphagen Investment Advisors LLC Lowers Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Traphagen Investment Advisors LLC lessened its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 16.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,742 shares of the company’s stock after selling 1,578 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $695,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. White Pine Investment CO grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 85.4% in the 4th quarter. White Pine Investment CO now owns 31,308 shares of the company’s stock worth $2,811,000 after buying an additional 14,420 shares during the last quarter. Amplius Wealth Advisors LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth $281,000. Purus Wealth Management LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 29.8% in the fourth quarter. Purus Wealth Management LLC now owns 3,140 shares of the company’s stock worth $282,000 after acquiring an additional 720 shares during the last quarter. Kaydan Wealth Management Inc. increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% during the fourth quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock valued at $216,000 after acquiring an additional 127 shares in the last quarter. Finally, Brady Martz Wealth Solutions LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $213,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE stock opened at $93.71 on Wednesday. The company has a market capitalization of $1.29 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $81.45 and a one year high of $96.39. The company’s 50-day moving average is $92.66 and its 200 day moving average is $90.34.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared 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 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.