LeConte Wealth Management LLC Sells 12,010 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

LeConte Wealth Management LLC decreased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 12.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 83,818 shares of the company’s stock after selling 12,010 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares comprises about 5.7% of LeConte Wealth Management LLC’s investment portfolio, making the stock its 4th biggest holding. LeConte Wealth Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $8,517,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of QQQE. BNP Paribas Financial Markets increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 98.6% in the second quarter. BNP Paribas Financial Markets now owns 201,400 shares of the company’s stock valued at $19,800,000 after buying an additional 100,000 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 468.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 31,263 shares of the company’s stock worth $3,073,000 after acquiring an additional 25,766 shares in the last quarter. MRA Advisory Group increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 21.2% in the 2nd quarter. MRA Advisory Group now owns 120,418 shares of the company’s stock valued at $11,838,000 after acquiring an additional 21,091 shares during the last quarter. Avestar Capital LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 21.5% in the 2nd quarter. Avestar Capital LLC now owns 88,163 shares of the company’s stock valued at $8,675,000 after acquiring an additional 15,606 shares during the last quarter. Finally, Prism Advisors Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at approximately $1,258,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE opened at $103.82 on Friday. The stock has a market capitalization of $1.24 billion, a PE ratio of 27.96 and a beta of 1.08. The business’s fifty day moving average price is $102.47 and its 200 day moving average price is $100.18. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $75.07 and a 12-month high of $105.37.

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.