Nations Financial Group Inc. IA ADV Has $4.41 Million Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Nations Financial Group Inc. IA ADV cut its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 10.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 43,402 shares of the company’s stock after selling 4,884 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 0.35% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $4,410,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Gladstone Institutional Advisory LLC lifted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.3% in the third quarter. Gladstone Institutional Advisory LLC now owns 4,522 shares of the company’s stock worth $459,000 after buying an additional 100 shares during the last quarter. White Pine Investment CO lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.3% in the 3rd quarter. White Pine Investment CO now owns 33,761 shares of the company’s stock worth $3,430,000 after purchasing an additional 103 shares during the last quarter. Victory Financial Group LLC boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% during the second quarter. Victory Financial Group LLC now owns 2,609 shares of the company’s stock worth $256,000 after purchasing an additional 114 shares during the period. Traphagen Investment Advisors LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.8% during the second quarter. Traphagen Investment Advisors LLC now owns 4,515 shares of the company’s stock valued at $444,000 after purchasing an additional 123 shares during the last quarter. Finally, Flagstar Advisors Inc. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 1.5% in the second quarter. Flagstar Advisors Inc. now owns 13,082 shares of the company’s stock valued at $1,288,000 after purchasing an additional 190 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Down 0.2%

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $104.28 on Friday. The firm has a fifty day simple moving average of $102.69 and a 200-day simple moving average of $100.98. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $75.07 and a 1-year high of $105.41.

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.