Integrity Alliance LLC. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF (NASDAQ:QQQE – Free Report) during the third quarter, Holdings Channel.com reports. The fund purchased 18,664 shares of the company’s stock, valued at approximately $2,242,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in QQQE. Eastern Bank purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF in the 3rd quarter valued at about $30,000. SBI Securities Co. Ltd. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF by 87.6% in the third quarter. SBI Securities Co. Ltd. now owns 499 shares of the company’s stock valued at $60,000 after buying an additional 233 shares in the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF during the 1st quarter worth approximately $89,000. Hollencrest Capital Management lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF by 39.3% during the 1st quarter. Hollencrest Capital Management now owns 1,375 shares of the company’s stock valued at $135,000 after buying an additional 388 shares in the last quarter. Finally, Aspire Capital Advisors LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index ETF in the second quarter valued at about $203,000.
Direxion NASDAQ-100 Equal Weighted Index ETF Stock Up 1.2%
QQQE stock opened at $117.38 on Thursday. Direxion NASDAQ-100 Equal Weighted Index ETF has a 52-week low of $95.64 and a 52-week high of $125.00. The business has a fifty day moving average of $119.58 and a two-hundred day moving average of $113.23. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 27.96 and a beta of 1.10.
Direxion NASDAQ-100 Equal Weighted Index ETF 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.
Featured Stories
- Five stocks we like better than Direxion NASDAQ-100 Equal Weighted Index ETF
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Want to see what other hedge funds are holding QQQE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion NASDAQ-100 Equal Weighted Index ETF (NASDAQ:QQQE – Free Report).
Receive News & Ratings for Direxion NASDAQ-100 Equal Weighted Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion NASDAQ-100 Equal Weighted Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
