702 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Acquired by New Wave Wealth Advisors LLC

New Wave Wealth Advisors LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 702 shares of the company’s stock, valued at approximately $63,000.

Other large investors have also modified their holdings of the company. Global Trust Asset Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $38,000. JPMorgan Chase & Co. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the third quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock valued at $82,000 after purchasing an additional 787 shares during the period. Raleigh Capital Management Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at about $142,000. National Bank of Canada FI boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% during 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 period. Finally, Prospera Private Wealth LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $199,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

QQQE opened at $94.18 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $81.45 and a 52 week high of $96.39. The business has a 50 day moving average price of $92.86 and a two-hundred day moving average price of $90.53. The company has a market cap of $1.33 billion, a PE ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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.