Ladenburg Thalmann Financial Services Inc. Sells 19,394 Shares of Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE)

Ladenburg Thalmann Financial Services Inc. cut its position in Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE) by 58.0% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,026 shares of the company’s stock after selling 19,394 shares during the quarter. Ladenburg Thalmann Financial Services Inc. owned about 0.31% of Direxion NASDAQ 100 Equal Weighted Index Shares worth $696,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in QQQE. Laurel Wealth Advisors Inc. boosted its stake in Direxion NASDAQ 100 Equal Weighted Index Shares by 1.9% in the 1st quarter. Laurel Wealth Advisors Inc. now owns 23,548 shares of the company’s stock valued at $1,127,000 after purchasing an additional 444 shares during the period. Blue Bell Private Wealth Management LLC boosted its stake in Direxion NASDAQ 100 Equal Weighted Index Shares by 33.1% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 977 shares of the company’s stock valued at $48,000 after purchasing an additional 243 shares during the period. WESPAC Advisors LLC boosted its stake in Direxion NASDAQ 100 Equal Weighted Index Shares by 5.1% in the 2nd quarter. WESPAC Advisors LLC now owns 38,121 shares of the company’s stock valued at $1,892,000 after purchasing an additional 1,842 shares during the period. Wambolt & Associates LLC boosted its stake in Direxion NASDAQ 100 Equal Weighted Index Shares by 4.9% in the 2nd quarter. Wambolt & Associates LLC now owns 34,893 shares of the company’s stock valued at $1,731,000 after purchasing an additional 1,637 shares during the period. Finally, Advisor Group Inc. boosted its stake in Direxion NASDAQ 100 Equal Weighted Index Shares by 2,788.1% in the 2nd quarter. Advisor Group Inc. now owns 257,993 shares of the company’s stock valued at $12,803,000 after purchasing an additional 249,060 shares during the period.

QQQE opened at $49.95 on Friday. The business has a fifty day simple moving average of $49.48 and a 200 day simple moving average of $49.18. Direxion NASDAQ 100 Equal Weighted Index Shares has a 1 year low of $38.25 and a 1 year high of $51.88.

The company also recently declared a — dividend, which was paid on Tuesday, October 1st. Investors of record on Wednesday, September 25th were paid a $0.093 dividend. The ex-dividend date was Tuesday, September 24th. This represents a yield of 0.7%.

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Institutional Ownership by Quarter for Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE)

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