Militia Capital Partners LP Takes Position in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Militia Capital Partners LP purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,800 shares of the company’s stock, valued at approximately $2,844,000. Direxion NASDAQ-100 Equal Weighted Index Shares comprises approximately 1.1% of Militia Capital Partners LP’s portfolio, making the stock its 18th largest holding.

Other large investors also recently modified their holdings of the company. Waddell & Associates LLC lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% in the 3rd quarter. Waddell & Associates LLC now owns 407,902 shares of the company’s stock valued at $41,447,000 after acquiring an additional 12,839 shares during the last quarter. JPMorgan Chase & Co. raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 13,007.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 19,661 shares of the company’s stock worth $1,998,000 after purchasing an additional 19,511 shares during the last quarter. SteelPeak Wealth LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth $56,917,000. Ballast Rock Private Wealth LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth $574,000. Finally, UBS Group AG raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 14.7% during the 4th quarter. UBS Group AG now owns 225,759 shares of the company’s stock worth $23,097,000 after purchasing an additional 28,901 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.8%

Shares of NASDAQ:QQQE opened at $120.54 on Wednesday. The firm has a market cap of $1.35 billion, a P/E ratio of 27.96 and a beta of 1.09. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $94.29 and a 12-month high of $123.26. The business has a fifty day simple moving average of $112.19 and a 200 day simple moving average of $106.03.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were given a dividend of $0.1627 per share. This represents a $0.65 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.