Shoker Investment Counsel Inc. reduced its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 7.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,632 shares of the company’s stock after selling 1,475 shares during the period. Shoker Investment Counsel Inc. owned 0.14% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,762,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. Kovack Advisors Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth approximately $205,000. Weil Company Inc. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth $375,000. Curtis Advisory Group LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $1,352,000. Flagstar Advisors Inc. boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.4% during the fourth quarter. Flagstar Advisors Inc. now owns 12,755 shares of the company’s stock valued at $1,145,000 after buying an additional 170 shares in the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 42.1% during the fourth quarter. Global Retirement Partners LLC now owns 1,709 shares of the company’s stock worth $153,000 after acquiring an additional 506 shares during the period.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 2.0 %
Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $91.87 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $81.45 and a 52 week high of $97.98. The company’s 50-day moving average price is $93.22 and its two-hundred day moving average price is $91.67. The stock has a market cap of $1.28 billion, a PE ratio of 28.59 and a beta of 1.05.
Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement
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.
See Also
- Five stocks we like better than Direxion NASDAQ-100 Equal Weighted Index Shares
- With Risk Tolerance, One Size Does Not Fit All
- Volatility Is Back: 3 Stocks To Cushion the S&P 500’s Swings
- What Are Dividend Challengers?
- 2 Catalysts That Could Push NVIDIA Stock Up 30% This Year
- 3 Small Caps With Big Return Potential
- Do GM Stock Buybacks Make the Stock Buyable For Investors?
Want to see what other hedge funds are holding QQQE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report).
Receive News & Ratings for Direxion NASDAQ-100 Equal Weighted Index Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion NASDAQ-100 Equal Weighted Index Shares and related companies with MarketBeat.com's FREE daily email newsletter.
