Paulson Wealth Management Inc. lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 126.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,924 shares of the company’s stock after acquiring an additional 6,097 shares during the period. Paulson Wealth Management Inc. owned 0.09% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,110,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of QQQE. Simplex Trading LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter valued at approximately $25,000. Goodman Advisory Group LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at $29,000. Parkside Financial Bank & Trust purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter worth about $43,000. Caldwell Trust Co bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at about $49,000. Finally, Harbor Asset Planning Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at about $62,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.3%
QQQE opened at $106.21 on Thursday. The company’s 50 day moving average is $103.36 and its 200 day moving average is $101.33. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $75.07 and a 12-month high of $107.06.
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.
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