DT Investment Partners LLC Sells 247 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

DT Investment Partners LLC decreased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 19.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 1,051 shares of the company’s stock after selling 247 shares during the quarter. DT Investment Partners LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $95,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in QQQE. International Assets Investment Management LLC increased its holdings in 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 valued at $27,686,000 after buying an additional 303,364 shares during the period. SOL Capital Management CO boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the 3rd quarter. SOL Capital Management CO now owns 58,310 shares of the company’s stock valued at $5,260,000 after acquiring an additional 205 shares in the last quarter. Raleigh Capital Management Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $142,000. OLD National Bancorp IN acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $309,000. Finally, KMG Fiduciary Partners LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter worth about $1,964,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ QQQE opened at $90.38 on Friday. The business has a fifty day moving average of $89.36 and a two-hundred day moving average of $88.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $70.18 and a 52-week high of $92.68. The stock has a market cap of $1.25 billion, a PE ratio of 28.84 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were paid 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 dividend yield of 0.71%.

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.