MRA Advisory Group Has $4.31 Million Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

MRA Advisory Group increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQEFree Report) by 11.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,645 shares of the company’s stock after acquiring an additional 5,832 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares comprises about 3.1% of MRA Advisory Group’s holdings, making the stock its 8th largest holding. MRA Advisory Group’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $4,310,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Goldman Sachs Group Inc. lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 4,689.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 2,262,334 shares of the company’s stock worth $174,992,000 after acquiring an additional 2,215,100 shares in the last quarter. Berkshire Money Management Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 72.1% during the 3rd quarter. Berkshire Money Management Inc. now owns 720,898 shares of the company’s stock worth $53,902,000 after purchasing an additional 302,018 shares in the last quarter. RFP Financial Group LLC raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 11,063.6% during the 2nd quarter. RFP Financial Group LLC now owns 687,898 shares of the company’s stock worth $52,882,000 after purchasing an additional 681,736 shares in the last quarter. Axxcess Wealth Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $16,446,000. Finally, LPL Financial LLC raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 17.5% during the 2nd quarter. LPL Financial LLC now owns 248,365 shares of the company’s stock worth $19,119,000 after purchasing an additional 37,039 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.8 %

Shares of QQQE traded down $0.67 during midday trading on Monday, reaching $85.68. 60,936 shares of the stock were exchanged, compared to its average volume of 188,259. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $66.28 and a 12-month high of $86.98. The firm has a 50 day simple moving average of $83.25 and a 200-day simple moving average of $78.71. The company has a market cap of $1.12 billion, a price-to-earnings ratio of 20.91 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 22nd were paid a $0.2457 dividend. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date was Thursday, December 21st.

Direxion NASDAQ-100 Equal Weighted Index Shares Profile

(Free Report)

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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Institutional Ownership by Quarter for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

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