Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Stock Holdings Lessened by Frisch Financial Group Inc.

Frisch Financial Group Inc. lessened its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 20.1% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 180,506 shares of the company’s stock after selling 45,311 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares accounts for about 4.3% of Frisch Financial Group Inc.’s holdings, making the stock its 7th biggest position. Frisch Financial Group Inc. owned approximately 1.51% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $18,341,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 631,319 shares of the company’s stock valued at $62,072,000 after purchasing an additional 5,736 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 98.6% during the second quarter. BNP Paribas Financial Markets now owns 201,400 shares of the company’s stock worth $19,800,000 after purchasing an additional 100,000 shares during the period. Avestar Capital LLC grew its position in 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 buying an additional 15,606 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 25.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 52,349 shares of the company’s stock valued at $5,146,000 after buying an additional 10,686 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 8.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 50,365 shares of the company’s stock valued at $5,118,000 after buying an additional 4,071 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE stock opened at $102.74 on Friday. The stock has a market capitalization of $1.21 billion, a PE ratio of 27.96 and a beta of 1.08. The company has a fifty day moving average of $103.63 and a 200-day moving average of $101.71. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $75.07 and a one year 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.