White Pine Investment CO Grows Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

White Pine Investment CO raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 85.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,308 shares of the company’s stock after acquiring an additional 14,420 shares during the period. White Pine Investment CO’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $2,811,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Total Investment Management Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth $59,630,000. International Assets Investment Management LLC increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the 3rd quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock worth $27,686,000 after buying an additional 303,364 shares during the last quarter. BNP Paribas Financial Markets purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at about $13,530,000. Astor Investment Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter valued at about $7,028,000. Finally, B. Riley Wealth Advisors Inc. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 555.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 40,874 shares of the company’s stock worth $3,634,000 after acquiring an additional 34,636 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE stock opened at $93.71 on Wednesday. The company has a market cap of $1.29 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $96.39. The stock’s 50 day simple moving average is $92.66 and its two-hundred day simple moving average is $90.34.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.2402 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.