National Bank of Canada FI Has $160,000 Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Posted by Joseph Casey on Apr 11th, 2025

National Bank of Canada FI trimmed its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 11.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,785 shares of the company’s stock after selling 232 shares during the period. National Bank of Canada FI’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $160,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. Runnymede Capital Advisors Inc. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $26,000. Stonebridge Financial Group LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $31,000. Kestra Investment Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at about $31,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth about $34,000. Finally, Global Trust Asset Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ QQQE opened at $81.79 on Friday. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 26.69 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a fifty-two week low of $75.07 and a fifty-two week high of $97.98. The firm’s 50-day simple moving average is $90.17 and its 200 day simple moving average is $91.46.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.0614 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.30%.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(Free Report)

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.