Presidio Capital Management LLC Sells 4,525 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Presidio Capital Management LLC trimmed its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 40.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,537 shares of the company’s stock after selling 4,525 shares during the period. Presidio Capital Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $590,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. White Pine Investment CO lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.5% during the third quarter. White Pine Investment CO now owns 16,888 shares of the company’s stock valued at $1,523,000 after purchasing an additional 578 shares in the last quarter. Gateway Wealth Partners LLC lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8.1% during the 3rd quarter. Gateway Wealth Partners LLC now owns 21,762 shares of the company’s stock valued at $1,963,000 after buying an additional 1,628 shares in the last quarter. Astor Investment Management LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $7,028,000. Legacy Capital Group California Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $1,640,000. Finally, International Assets Investment Management LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8,495.2% in the third quarter. International Assets Investment Management LLC now owns 306,935 shares of the company’s stock valued at $27,686,000 after acquiring an additional 303,364 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.4 %

NASDAQ:QQQE opened at $94.08 on Friday. The stock has a 50-day moving average price of $89.76 and a 200 day moving average price of $88.42. The stock has a market capitalization of $1.34 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $73.93 and a 12-month high of $94.26.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were issued a $0.1602 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.64 dividend on an annualized basis and a yield of 0.68%.

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.