Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Shares Bought by Focus Financial Network Inc.

Focus Financial Network Inc. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.5% in the fourth quarter, Holdings Channel reports. The firm owned 7,043 shares of the company’s stock after purchasing an additional 239 shares during the quarter. Focus Financial Network Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $632,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. CWM LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 318.9% during the 3rd quarter. CWM LLC now owns 5,496 shares of the company’s stock worth $496,000 after purchasing an additional 4,184 shares during the period. Marshall Financial Group LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $1,278,000. Sax Wealth Advisors LLC boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 28.0% during the third quarter. Sax Wealth Advisors LLC now owns 7,094 shares of the company’s stock valued at $640,000 after acquiring an additional 1,553 shares during the period. KMG Fiduciary Partners LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at $1,964,000. Finally, OLD National Bancorp IN acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth about $309,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.1 %

Shares of NASDAQ:QQQE opened at $95.60 on Thursday. The company’s 50-day moving average price is $92.90 and its 200 day moving average price is $90.87. The company has a market cap of $1.33 billion, a PE ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $81.45 and a fifty-two week high of $96.39.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

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

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.