Weil Company Inc. Acquires Shares of 4,176 Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Weil Company Inc. bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,176 shares of the company’s stock, valued at approximately $375,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in QQQE. Stonebridge Financial Group LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at approximately $31,000. Kestra Investment Management LLC acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at approximately $31,000. Global Trust Asset Management LLC purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth approximately $38,000. Heck Capital Advisors LLC acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter worth $43,000. Finally, New Wave Wealth Advisors LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $63,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE opened at $93.73 on Wednesday. The stock has a market capitalization of $1.36 billion, a P/E ratio of 28.59 and a beta of 1.02. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $81.45 and a 1 year high of $97.98. The company’s fifty day moving average is $93.13 and its two-hundred day moving average is $91.66.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.2402 per share. 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.