Hickory Asset Management Inc. Acquires New Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Hickory Asset Management Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 3,234 shares of the company’s stock, valued at approximately $290,000.

Other hedge funds have also bought and sold shares of the company. Stonebridge Financial Group LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $31,000. Global Trust Asset Management LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $38,000. Heck Capital Advisors LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $43,000. New Wave Wealth Advisors LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $63,000. Finally, JPMorgan Chase & Co. grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock valued at $82,000 after purchasing an additional 787 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $96.81 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $81.45 and a 52-week high of $97.08. The company has a market capitalization of $1.35 billion, a P/E ratio of 28.84 and a beta of 1.05. The company has a fifty day moving average of $92.92 and a 200-day moving average of $90.95.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued 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 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.