BridgePort Financial Solutions LLC Makes New Investment in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

BridgePort Financial Solutions LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,255 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds have also bought and sold shares of QQQE. Wealth Enhancement Advisory Services LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $305,000. Sowell Financial Services LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 1st quarter valued at approximately $728,000. DHJJ Financial Advisors Ltd. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 8.3% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 3,701 shares of the company’s stock valued at $323,000 after acquiring an additional 284 shares in the last quarter. LifeWealth Investments LLC raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 57.4% during the 1st quarter. LifeWealth Investments LLC now owns 12,962 shares of the company’s stock valued at $1,130,000 after acquiring an additional 4,729 shares in the last quarter. Finally, White Pine Investment CO lifted its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 7.6% during the first quarter. White Pine Investment CO now owns 33,675 shares of the company’s stock worth $2,936,000 after purchasing an additional 2,367 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $102.76 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $103.33. The firm’s 50-day moving average is $99.08 and its 200-day moving average is $94.48. The company has a market cap of $1.25 billion, a P/E ratio of 27.96 and a beta of 1.05.

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.