LeConte Wealth Management LLC decreased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,909 shares of the company’s stock after selling 9,909 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares accounts for about 4.9% of LeConte Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. LeConte Wealth Management LLC owned approximately 0.62% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $7,562,000 at the end of the most recent quarter.
Several other large investors also recently added to or reduced their stakes in QQQE. Gladstone Institutional Advisory LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.3% in the third quarter. Gladstone Institutional Advisory LLC now owns 4,522 shares of the company’s stock worth $459,000 after acquiring an additional 100 shares during the period. White Pine Investment CO boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.3% during the 3rd quarter. White Pine Investment CO now owns 33,761 shares of the company’s stock worth $3,430,000 after acquiring an additional 103 shares during the last quarter. Victory Financial Group LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% during the 2nd quarter. Victory Financial Group LLC now owns 2,609 shares of the company’s stock valued at $256,000 after acquiring an additional 114 shares during the period. Florida Financial Advisors LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.0% in the 3rd quarter. Florida Financial Advisors LLC now owns 3,712 shares of the company’s stock worth $377,000 after purchasing an additional 142 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 7.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,027 shares of the company’s stock worth $310,000 after purchasing an additional 201 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $98.53 on Wednesday. The stock has a market cap of $1.16 billion, a P/E ratio of 27.96 and a beta of 1.08. The stock’s fifty day moving average is $102.20 and its 200 day moving average is $102.36. 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 Cuts Dividend
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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