Cascade Wealth Advisors Inc Reduces Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Cascade Wealth Advisors Inc reduced its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 38.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,705 shares of the company’s stock after selling 2,943 shares during the period. Cascade Wealth Advisors Inc’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $422,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQE. Total Investment Management Inc. purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $59,630,000. BNP Paribas Financial Markets purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $13,530,000. Ameritas Advisory Services LLC grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 148.4% in the 4th quarter. Ameritas Advisory Services LLC now owns 40,562 shares of the company’s stock worth $3,641,000 after buying an additional 24,233 shares in the last quarter. Atria Investments Inc purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 3rd quarter worth $2,177,000. Finally, Jones Financial Companies Lllp grew its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 348.5% in the 4th quarter. Jones Financial Companies Lllp now owns 30,939 shares of the company’s stock worth $2,777,000 after buying an additional 24,040 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 1.2 %

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $92.93 on Monday. The firm has a 50-day moving average price of $93.26 and a 200-day moving average price of $91.81. The firm has a market capitalization of $1.30 billion, a PE ratio of 28.59 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $81.45 and a 12-month high of $97.98.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.2402 dividend. The ex-dividend date was Monday, December 23rd.

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.