Virtu Financial LLC Purchases New Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Virtu Financial LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the fourth quarter, HoldingsChannel reports. The fund acquired 23,515 shares of the company’s stock, valued at approximately $2,406,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.9% in the 4th quarter. International Assets Investment Management LLC now owns 2,685 shares of the company’s stock valued at $275,000 after purchasing an additional 100 shares in the last quarter. Sanctuary Advisors LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the fourth quarter. Sanctuary Advisors LLC now owns 3,767 shares of the company’s stock worth $385,000 after buying an additional 122 shares in the last quarter. Kingsview Wealth Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% during the fourth quarter. Kingsview Wealth Management LLC now owns 3,076 shares of the company’s stock worth $315,000 after buying an additional 134 shares in the last quarter. Beck Capital Management LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% during the fourth quarter. Beck Capital Management LLC now owns 15,724 shares of the company’s stock worth $1,609,000 after buying an additional 137 shares in the last quarter. Finally, American Capital Advisory LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 15.5% in the fourth quarter. American Capital Advisory LLC now owns 1,496 shares of the company’s stock worth $153,000 after buying an additional 201 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

QQQE opened at $121.68 on Friday. The stock has a market capitalization of $1.36 billion, a PE ratio of 27.96 and a beta of 1.09. The firm’s fifty day moving average price is $113.41 and its 200 day moving average price is $106.40. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $94.29 and a 12-month high of $123.26.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were issued a dividend of $0.1627 per share. This represents a $0.65 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.