Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Holdings Raised by LifeWealth Investments LLC

LifeWealth Investments LLC raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 30.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 24,630 shares of the company’s stock after purchasing an additional 5,702 shares during the period. LifeWealth Investments LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $2,427,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Morgan Stanley increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 40.4% in the fourth quarter. Morgan Stanley now owns 695,869 shares of the company’s stock worth $71,195,000 after acquiring an additional 200,167 shares during the last quarter. Ameriprise Financial Inc. boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.3% during the third quarter. Ameriprise Financial Inc. now owns 632,908 shares of the company’s stock valued at $64,327,000 after purchasing an additional 1,589 shares during the last quarter. SteelPeak Wealth LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at about $56,917,000. Northwestern Mutual Wealth Management Co. grew its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 865.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 525,272 shares of the company’s stock valued at $53,741,000 after purchasing an additional 470,880 shares in the last quarter. Finally, Waddell & Associates LLC increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.1% in the 4th quarter. Waddell & Associates LLC now owns 412,249 shares of the company’s stock worth $42,177,000 after purchasing an additional 4,347 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

QQQE opened at $119.49 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $95.64 and a fifty-two week high of $123.26. The business has a 50-day moving average of $114.80 and a 200-day moving average of $106.89. The company has a market capitalization of $1.34 billion, a PE ratio of 27.96 and a beta of 1.09.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd will be issued a $0.1895 dividend. The ex-dividend date is Tuesday, June 23rd. This represents a $0.76 dividend on an annualized basis and a yield of 0.6%.

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.