5,151 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Acquired by Peak Planning Group LLC

Peak Planning Group LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 5,151 shares of the company’s stock, valued at approximately $527,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Miller Global Investments LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $57,000. Assetmark Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $63,000. Optiver Holding B.V. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at $66,000. Pittenger & Anderson Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $75,000. Finally, American Capital Advisory LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 15.5% during the 4th quarter. American Capital Advisory LLC now owns 1,496 shares of the company’s stock valued at $153,000 after purchasing an additional 201 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.2%

Shares of NASDAQ QQQE opened at $119.65 on Friday. The business has a fifty day simple moving average of $111.29 and a two-hundred day simple moving average of $105.69. The firm has a market cap of $1.34 billion, a PE ratio of 27.96 and a beta of 1.09. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $94.29 and a twelve month high of $122.07.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.1627 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.65 dividend on an annualized basis and a yield of 0.5%.

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.