MRA Advisory Group boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 92,375 shares of the company’s stock after purchasing an additional 3,358 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares makes up approximately 4.4% of MRA Advisory Group’s holdings, making the stock its 7th largest position. MRA Advisory Group owned about 0.66% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $8,293,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Tilia Fiduciary Partners Inc. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock valued at $396,000 after buying an additional 139 shares during the period. Beck Capital Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% during the 3rd quarter. Beck Capital Management LLC now owns 21,772 shares of the company’s stock valued at $1,964,000 after acquiring an additional 158 shares during the period. SOL Capital Management CO increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% in the 3rd quarter. SOL Capital Management CO now owns 58,310 shares of the company’s stock worth $5,260,000 after purchasing an additional 205 shares in the last quarter. AE Wealth Management LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% in the 2nd quarter. AE Wealth Management LLC now owns 20,270 shares of the company’s stock worth $1,799,000 after purchasing an additional 272 shares in the last quarter. Finally, Regal Investment Advisors LLC raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.0% in the 2nd quarter. Regal Investment Advisors LLC now owns 9,381 shares of the company’s stock worth $832,000 after purchasing an additional 360 shares during the period.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance
NASDAQ:QQQE opened at $89.56 on Tuesday. The stock has a 50-day simple moving average of $92.79 and a two-hundred day simple moving average of $90.24. The firm has a market capitalization of $1.26 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $96.39.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
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.
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