SteelPeak Wealth LLC trimmed its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 99.4% during the first quarter, HoldingsChannel.com reports. The fund owned 3,536 shares of the company’s stock after selling 552,785 shares during the quarter. SteelPeak Wealth LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $348,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of the stock. International Assets Investment Management LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.9% during the fourth quarter. International Assets Investment Management LLC now owns 2,685 shares of the company’s stock valued at $275,000 after acquiring an additional 100 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 12,466 shares of the company’s stock valued at $1,275,000 after purchasing an additional 107 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% in the 4th quarter. Sanctuary Advisors LLC now owns 3,767 shares of the company’s stock worth $385,000 after purchasing an additional 122 shares during the last quarter. Kingsview Wealth Management LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 3,076 shares of the company’s stock worth $315,000 after purchasing an additional 134 shares during the last quarter. Finally, Beck Capital Management LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% during the 4th quarter. Beck Capital Management LLC now owns 15,724 shares of the company’s stock worth $1,609,000 after purchasing an additional 137 shares in the last quarter.
Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 1.4%
Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $116.80 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $95.64 and a 12-month high of $123.26. The stock has a market capitalization of $1.35 billion, a P/E ratio of 27.96 and a beta of 1.08. The company has a 50-day simple moving average of $118.35 and a 200 day simple moving average of $108.68.
Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend
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.
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Want to see what other hedge funds are holding QQQE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report).
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