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

Focus Financial Network Inc. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 7,043 shares of the company’s stock after buying 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 filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $2,177,000. Gateway Wealth Partners LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 16.9% during the 4th quarter. Gateway Wealth Partners LLC now owns 25,433 shares of the company’s stock valued at $2,283,000 after buying an additional 3,671 shares during the last quarter. Merit Financial Group LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $253,000. Total Investment Management Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $59,630,000. Finally, RFG Advisory LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $495,000.

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

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

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

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