Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Declares $0.06 Quarterly Dividend

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) declared a quarterly dividend on Monday, March 24th, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be given a dividend of 0.0614 per share on Tuesday, April 1st. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ:QQQE traded up $0.14 during midday trading on Tuesday, hitting $90.87. The company’s stock had a trading volume of 81,520 shares, compared to its average volume of 264,378. The stock’s 50 day simple moving average is $92.76 and its 200 day simple moving average is $91.88. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of 26.94 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 $97.98.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.