Integrated Wealth Concepts LLC Lowers Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Posted by Joseph Casey on Apr 29th, 2025

Integrated Wealth Concepts LLC lessened its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 5.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,084 shares of the company’s stock after selling 922 shares during the period. Integrated Wealth Concepts LLC owned about 0.12% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,444,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Runnymede Capital Advisors Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $26,000. Stonebridge Financial Group LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $31,000. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth approximately $34,000. Finally, Global Trust Asset Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.3 %

NASDAQ QQQE opened at $87.05 on Tuesday. The firm has a market cap of $1.21 billion, a PE ratio of 25.43 and a beta of 1.05. The company has a 50 day moving average price of $87.22 and a 200 day moving average price of $90.93. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $75.07 and a 52 week high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.0614 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.25 annualized dividend and a dividend yield of 0.28%.

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.