Osaic Holdings Inc. Grows Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Osaic Holdings Inc. lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 27.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 39,139 shares of the company’s stock after acquiring an additional 8,519 shares during the quarter. Osaic Holdings Inc. owned approximately 0.31% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $3,850,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its stake in 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 worth $54,541,000 after purchasing an additional 3,853 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 26.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 41,663 shares of the company’s stock worth $3,633,000 after buying an additional 8,787 shares during the period. CreativeOne Wealth LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 2.7% during the 1st quarter. CreativeOne Wealth LLC now owns 4,861 shares of the company’s stock worth $424,000 after buying an additional 126 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 7.1% during the first quarter. Baird Financial Group Inc. now owns 4,565 shares of the company’s stock valued at $398,000 after buying an additional 303 shares during the period. Finally, Retirement Planning Co of New England Inc. raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 13.3% in the first quarter. Retirement Planning Co of New England Inc. now owns 8,118 shares of the company’s stock valued at $708,000 after acquiring an additional 955 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $104.55 on Thursday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $105.37. The firm’s 50-day moving average is $102.37 and its two-hundred day moving average is $100.09. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08.

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.