LJI Wealth Management LLC Sells 126 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

LJI Wealth Management LLC lessened its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,321 shares of the company’s stock after selling 126 shares during the quarter. LJI Wealth Management LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $209,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Goodman Advisory Group LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at approximately $54,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter worth about $55,000. Banque Cantonale Vaudoise grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 25.9% during the second quarter. Banque Cantonale Vaudoise now owns 1,199 shares of the company’s stock worth $106,000 after acquiring an additional 247 shares during the period. CWM LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 11.1% during the second quarter. CWM LLC now owns 1,312 shares of the company’s stock valued at $116,000 after acquiring an additional 131 shares in the last quarter. Finally, Raleigh Capital Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the third quarter valued at approximately $142,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 2.4 %

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock traded down $2.20 on Friday, reaching $90.85. The company’s stock had a trading volume of 874,719 shares, compared to its average volume of 247,554. The company has a market capitalization of $1.29 billion, a P/E ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $76.87 and a 52-week high of $94.29. The stock has a 50-day moving average price of $90.44 and a 200-day moving average price of $88.76.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Tuesday, September 24th were given a dividend of $0.1602 per share. This represents a $0.64 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.