Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Sold by Ameriprise Financial Inc.

Ameriprise Financial Inc. lessened its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 6.9% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 621,730 shares of the company’s stock after selling 45,839 shares during the quarter. Ameriprise Financial Inc. owned 4.46% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $55,801,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Runnymede Capital Advisors Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth approximately $26,000. Stonebridge Financial Group LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth $31,000. Kestra Investment Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $31,000. SBI Securities Co. Ltd. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $34,000. Finally, Global Trust Asset Management LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of NASDAQ QQQE opened at $90.14 on Friday. The business has a 50-day moving average of $86.36 and a two-hundred day moving average of $90.78. The company has a market capitalization of $1.24 billion, a price-to-earnings ratio of 25.43 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0614 dividend. This represents a $0.25 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date was Tuesday, March 25th.

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.