Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Shares Bought by Waddell & Associates LLC

Waddell & Associates LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 407,902 shares of the company’s stock after acquiring an additional 12,839 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares makes up 3.5% of Waddell & Associates LLC’s portfolio, making the stock its 13th biggest position. Waddell & Associates LLC owned 3.41% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $41,447,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of QQQE. Simplex Trading LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth approximately $25,000. Goodman Advisory Group LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth $29,000. Parkside Financial Bank & Trust bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth about $43,000. Caldwell Trust Co bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter worth about $49,000. Finally, Optiver Holding B.V. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $66,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.1%

Shares of NASDAQ QQQE opened at $102.83 on Wednesday. The stock’s 50 day moving average price is $103.60 and its two-hundred day moving average price is $101.86. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $107.06. The stock has a market capitalization of $1.21 billion, a P/E ratio of 27.96 and a beta of 1.08.

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.