Hudock Inc. Invests $216,000 in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Hudock Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,199 shares of the company’s stock, valued at approximately $216,000.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 26.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 41,663 shares of the company’s stock worth $3,633,000 after purchasing an additional 8,787 shares during the last quarter. LeConte Wealth Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter valued at about $10,162,000. Ameriprise Financial Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.6% in the 1st quarter. Ameriprise Financial Inc. now owns 625,583 shares of the company’s stock valued at $54,541,000 after buying an additional 3,853 shares in the last quarter. Cetera Investment Advisers grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 14.7% in the 1st quarter. Cetera Investment Advisers now owns 28,926 shares of the company’s stock valued at $2,522,000 after buying an additional 3,703 shares in the last quarter. Finally, B&D White Capital Company LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the first quarter worth approximately $20,307,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE opened at $102.45 on Thursday. The firm has a market cap of $1.22 billion, a PE ratio of 27.96 and a beta of 1.08. The firm’s 50 day moving average price is $101.57 and its 200 day moving average price is $98.08. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $75.07 and a twelve month high of $105.37.

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.