Mutual Advisors LLC Grows Stake in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Mutual Advisors LLC boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 6.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,888 shares of the company’s stock after purchasing an additional 634 shares during the period. Mutual Advisors LLC owned about 0.09% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,093,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of QQQE. B&D White Capital Company LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter valued at $20,307,000. LeConte Wealth Management LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth $10,162,000. Frisch Financial Group Inc. boosted its holdings in shares of 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 purchasing an additional 66,538 shares during the last quarter. LPL Financial LLC boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 20.6% during the first quarter. LPL Financial LLC now owns 317,160 shares of the company’s stock worth $27,653,000 after purchasing an additional 54,238 shares during the last quarter. Finally, Total Investment Management Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.9% in the 1st quarter. Total Investment Management Inc. now owns 718,322 shares of the company’s stock worth $62,630,000 after buying an additional 33,237 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.6%

Shares of QQQE opened at $101.86 on Friday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 27.96 and a beta of 1.05. The stock’s fifty day simple moving average is $99.77 and its 200 day simple moving average is $95.33. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $75.07 and a twelve month high of $103.95.

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.