Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Stock Holdings Lessened by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lowered its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 3.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,373 shares of the company’s stock after selling 781 shares during the period. KMG Fiduciary Partners LLC owned approximately 0.16% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,951,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of QQQE. Runnymede Capital Advisors Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $26,000. Kestra Investment Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $31,000. 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. SBI Securities Co. Ltd. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $34,000. Finally, Heck Capital Advisors LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $43,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

NASDAQ QQQE opened at $95.80 on Monday. The stock has a market capitalization of $1.32 billion, a P/E ratio of 26.33 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $97.98. The business’s fifty day moving average is $88.52 and its two-hundred day moving average is $91.12.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.0614 per share. This represents a $0.25 annualized dividend and a yield of 0.26%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.