BNP Paribas Financial Markets Acquires 26,642 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

BNP Paribas Financial Markets increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 25.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 132,914 shares of the company’s stock after purchasing an additional 26,642 shares during the period. BNP Paribas Financial Markets’ holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $13,598,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Kingsview Wealth Management LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% in the fourth quarter. Kingsview Wealth Management LLC now owns 3,076 shares of the company’s stock valued at $315,000 after purchasing an additional 134 shares during the last quarter. MTM Investment Management LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 9.2% in the fourth quarter. MTM Investment Management LLC now owns 6,616 shares of the company’s stock valued at $677,000 after purchasing an additional 556 shares during the last quarter. Integrity Advisory Solutions LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 16.2% in the fourth quarter. Integrity Advisory Solutions LLC now owns 3,492 shares of the company’s stock valued at $357,000 after purchasing an additional 486 shares during the last quarter. Kingdom Financial Group LLC. bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at about $307,000. Finally, Sound Portfolio Advisors LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $215,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE opened at $116.22 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $94.29 and a 1 year high of $122.07. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 27.96 and a beta of 1.09. The business has a 50-day moving average of $109.32 and a 200-day moving average of $105.08.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently disclosed 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. This represents a $0.65 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, March 24th.

Direxion NASDAQ-100 Equal Weighted Index Shares Company 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.