Nations Financial Group Inc. IA ADV Has $4.88 Million Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Nations Financial Group Inc. IA ADV decreased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 13.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,384 shares of the company’s stock after selling 8,434 shares during the period. Nations Financial Group Inc. IA ADV owned about 0.39% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $4,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Gateway Wealth Partners LLC increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 16.9% during the 4th quarter. Gateway Wealth Partners LLC now owns 25,433 shares of the company’s stock valued at $2,283,000 after purchasing an additional 3,671 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at $2,177,000. Merit Financial Group LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $253,000. Total Investment Management Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter valued at about $59,630,000. Finally, RFG Advisory LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth about $495,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.1 %

Shares of NASDAQ:QQQE opened at $96.81 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $81.45 and a 12 month high of $97.08. The firm has a market cap of $1.35 billion, a P/E ratio of 28.84 and a beta of 1.05. The company’s 50-day moving average price is $92.92 and its two-hundred day moving average price is $90.95.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors 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 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.