Migdal Insurance & Financial Holdings Ltd. Decreases Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Migdal Insurance & Financial Holdings Ltd. lowered its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 1.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,740 shares of the company’s stock after selling 190 shares during the quarter. Migdal Insurance & Financial Holdings Ltd. owned 0.13% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,595,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Kaydan Wealth Management Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 5.6% in the fourth quarter. Kaydan Wealth Management Inc. now owns 2,411 shares of the company’s stock worth $216,000 after acquiring an additional 127 shares during the period. Tilia Fiduciary Partners Inc. increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,416 shares of the company’s stock worth $396,000 after acquiring an additional 139 shares during the period. Beck Capital Management LLC increased its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.7% in the third quarter. Beck Capital Management LLC now owns 21,772 shares of the company’s stock worth $1,964,000 after acquiring an additional 158 shares during the period. SOL Capital Management CO grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.4% during the third quarter. SOL Capital Management CO now owns 58,310 shares of the company’s stock valued at $5,260,000 after buying an additional 205 shares during the period. Finally, National Bank of Canada FI grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 22.8% during the third quarter. National Bank of Canada FI now owns 2,017 shares of the company’s stock valued at $182,000 after buying an additional 374 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE stock opened at $95.44 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of 28.84 and a beta of 1.05. The firm’s fifty day moving average is $92.86 and its 200 day moving average is $90.65. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $81.45 and a one year high of $96.39.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.2402 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.