B&D White Capital Company LLC Decreases Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

B&D White Capital Company LLC trimmed its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 82.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,202 shares of the company’s stock after selling 19,173 shares during the period. B&D White Capital Company LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $430,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of QQQE. Miller Global Investments LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $57,000. Assetmark Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at approximately $63,000. Optiver Holding B.V. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at approximately $66,000. Pittenger & Anderson Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at approximately $75,000. Finally, American Capital Advisory LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 15.5% during the 4th quarter. American Capital Advisory LLC now owns 1,496 shares of the company’s stock valued at $153,000 after purchasing an additional 201 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $119.65 on Friday. The company has a market cap of $1.34 billion, a P/E ratio of 27.96 and a beta of 1.09. The business’s 50 day moving average price is $111.29 and its 200-day moving average price is $105.69. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $94.29 and a fifty-two week high of $122.07.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a dividend of $0.1627 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.65 annualized dividend and a dividend yield of 0.5%.

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.