Mystic Asset Management Inc. Increases Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Mystic Asset Management Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 10.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,320 shares of the company’s stock after acquiring an additional 1,300 shares during the period. Mystic Asset Management Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $1,196,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of QQQE. CAP Partners LLC boosted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.1% in the 3rd quarter. CAP Partners LLC now owns 55,127 shares of the company’s stock valued at $4,972,000 after purchasing an additional 2,193 shares during the period. Prospera Private Wealth LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth $199,000. Waddell & Associates LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the third quarter. Waddell & Associates LLC now owns 374,445 shares of the company’s stock valued at $33,775,000 after buying an additional 12,033 shares during the period. FMR LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 394.6% during the third quarter. FMR LLC now owns 3,858 shares of the company’s stock worth $348,000 after buying an additional 3,078 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth about $13,530,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.6 %

NASDAQ:QQQE opened at $89.57 on Tuesday. The stock has a market cap of $1.25 billion, a P/E ratio of 26.94 and a beta of 1.05. The business’s 50-day moving average price is $92.87 and its two-hundred day moving average price is $91.84. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $81.45 and a twelve month high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

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