Total Clarity Wealth Management Inc. Acquires Shares of 2,037 Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Total Clarity Wealth Management Inc. acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 2,037 shares of the company’s stock, valued at approximately $200,000.

A number of other hedge funds have also recently modified their holdings of the company. Total Investment Management Inc. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.9% in the first quarter. Total Investment Management Inc. now owns 718,322 shares of the company’s stock valued at $62,630,000 after acquiring an additional 33,237 shares during the period. Ameriprise Financial Inc. increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.6% in the first quarter. Ameriprise Financial Inc. now owns 625,583 shares of the company’s stock valued at $54,541,000 after acquiring an additional 3,853 shares during the period. Waddell & Associates LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.0% in the first quarter. Waddell & Associates LLC now owns 386,838 shares of the company’s stock valued at $33,728,000 after acquiring an additional 3,845 shares during the period. LPL Financial LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 20.6% in the first quarter. LPL Financial LLC now owns 317,160 shares of the company’s stock valued at $27,653,000 after acquiring an additional 54,238 shares during the period. Finally, Frisch Financial Group Inc. boosted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 38.2% during the first quarter. Frisch Financial Group Inc. now owns 240,535 shares of the company’s stock worth $20,972,000 after acquiring an additional 66,538 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

NASDAQ:QQQE opened at $101.47 on Wednesday. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $75.07 and a one year high of $103.95. The company’s 50-day simple moving average is $99.54 and its 200 day simple moving average is $95.09. The firm has a market capitalization of $1.29 billion, a P/E ratio of 27.96 and a beta of 1.05.

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.