Ameritas Advisory Services LLC Buys 24,233 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Ameritas Advisory Services LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 148.4% during the 4th quarter, HoldingsChannel reports. The fund owned 40,562 shares of the company’s stock after acquiring an additional 24,233 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $3,641,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at about $54,000. Beaird Harris Wealth Management LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter valued at approximately $55,000. JPMorgan Chase & Co. boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock worth $82,000 after acquiring an additional 787 shares during the last quarter. Raleigh Capital Management Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter worth approximately $142,000. Finally, National Bank of Canada FI raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% in the third quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock valued at $182,000 after purchasing an additional 374 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.2 %

Shares of QQQE stock opened at $92.90 on Monday. The firm has a market cap of $1.28 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $81.45 and a 12 month high of $96.39. The company’s fifty day simple moving average is $92.69 and its 200-day simple moving average is $90.32.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2402 per share. The ex-dividend date was Monday, December 23rd.

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.