MRA Advisory Group Boosts Stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

MRA Advisory Group lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 92,375 shares of the company’s stock after acquiring an additional 3,358 shares during the period. Direxion NASDAQ-100 Equal Weighted Index Shares accounts for about 4.4% of MRA Advisory Group’s portfolio, making the stock its 7th biggest holding. MRA Advisory Group’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $8,293,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Atria Investments Inc purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $2,177,000. Total Investment Management Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $59,630,000. Frisch Financial Group Inc. boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.5% during the third quarter. Frisch Financial Group Inc. now owns 189,415 shares of the company’s stock valued at $17,116,000 after buying an additional 8,099 shares during the last quarter. KMG Fiduciary Partners LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 3rd quarter valued at approximately $1,964,000. Finally, Astor Investment Management LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth approximately $7,028,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE opened at $89.56 on Tuesday. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $96.39. The business’s 50 day simple moving average is $92.79 and its 200-day simple moving average is $90.24.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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 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.