Virtu Financial LLC Takes Position in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Virtu Financial LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 23,515 shares of the company’s stock, valued at approximately $2,406,000. Virtu Financial LLC owned 0.20% of Direxion NASDAQ-100 Equal Weighted Index Shares as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Miller Global Investments LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $57,000. Assetmark Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $63,000. Optiver Holding B.V. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth $66,000. Pittenger & Anderson Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $75,000. Finally, American Capital Advisory LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 15.5% in the fourth 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 during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE opened at $121.68 on Friday. The company has a fifty day simple moving average of $113.41 and a 200 day simple moving average of $106.40. The firm has a market cap of $1.36 billion, a price-to-earnings 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 $123.26.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

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

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.