PKO Investment Management Joint Stock Co Lowers Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

PKO Investment Management Joint Stock Co lessened its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 76.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 100,000 shares of the company’s stock after selling 320,000 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares accounts for approximately 1.1% of PKO Investment Management Joint Stock Co’s holdings, making the stock its 25th biggest position. PKO Investment Management Joint Stock Co’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $9,831,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 23.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 4,210 shares of the company’s stock worth $367,000 after buying an additional 811 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter valued at approximately $362,000. DAVENPORT & Co LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.1% during the 1st quarter. DAVENPORT & Co LLC now owns 15,299 shares of the company’s stock valued at $1,334,000 after acquiring an additional 316 shares during the period. American Capital Advisory LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter worth approximately $46,000. Finally, Mutual Advisors LLC lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.7% in the 1st quarter. Mutual Advisors LLC now owns 10,254 shares of the company’s stock worth $890,000 after purchasing an additional 554 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE opened at $103.99 on Friday. The stock has a market capitalization of $1.30 billion, a price-to-earnings ratio of 27.96 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 $104.59. The business’s 50 day simple moving average is $100.29 and its 200-day simple moving average is $96.10.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.