9,629 Shares of Direxion NASDAQ-100 Equal Weighted Index ETF $QQQE Purchased by Catalyst Investment Management LLC

Catalyst Investment Management LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index ETF (NASDAQ:QQQE) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 9,629 shares of the company’s stock, valued at approximately $1,157,000. Direxion NASDAQ-100 Equal Weighted Index ETF makes up 1.0% of Catalyst Investment Management LLC’s portfolio, making the stock its 26th largest position. Catalyst Investment Management LLC owned about 0.08% of Direxion NASDAQ-100 Equal Weighted Index ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QQQE. Axxcess Wealth Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index ETF in the third quarter worth approximately $608,000. LifeWealth Investments LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index ETF by 1.7% in the 3rd quarter. LifeWealth Investments LLC now owns 25,965 shares of the company’s stock valued at $3,119,000 after buying an additional 423 shares during the period. Sowell Financial Services LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index ETF by 25.3% in the 3rd quarter. Sowell Financial Services LLC now owns 7,536 shares of the company’s stock valued at $905,000 after buying an additional 1,523 shares during the period. Quantum Financial Partners LLC lifted its position in Direxion NASDAQ-100 Equal Weighted Index ETF by 14.9% in the 3rd quarter. Quantum Financial Partners LLC now owns 8,296 shares of the company’s stock worth $996,000 after buying an additional 1,078 shares in the last quarter. Finally, White Pine Investment CO lifted its position in Direxion NASDAQ-100 Equal Weighted Index ETF by 1.3% in the 3rd quarter. White Pine Investment CO now owns 39,426 shares of the company’s stock worth $4,735,000 after buying an additional 492 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index ETF Stock Up 0.7%

Shares of NASDAQ:QQQE opened at $119.37 on Thursday. The firm has a fifty day moving average of $120.62 and a two-hundred day moving average of $117.14. The firm has a market capitalization of $1.45 billion, a P/E ratio of 27.96 and a beta of 1.09. Direxion NASDAQ-100 Equal Weighted Index ETF has a 12-month low of $95.64 and a 12-month high of $125.00.

About Direxion NASDAQ-100 Equal Weighted Index ETF

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.