342 Shares in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Bought by Stonebridge Financial Group LLC

Posted by Trent Williams on Feb 15th, 2025

Stonebridge Financial Group LLC bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) during the fourth quarter, Holdings Channel reports. The institutional investor bought 342 shares of the company’s stock, valued at approximately $31,000.

Several other hedge funds also recently bought and sold shares of QQQE. Global Trust Asset Management LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at approximately $38,000. Heck Capital Advisors LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth $43,000. New Wave Wealth Advisors LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at $63,000. JPMorgan Chase & Co. lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 639.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 910 shares of the company’s stock valued at $82,000 after purchasing an additional 787 shares during the last quarter. Finally, Raleigh Capital Management Inc. bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth $142,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

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

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently announced 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 of this dividend was Monday, December 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares Profile

(Free Report)

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.