Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Sees Large Volume Increase – Should You Buy?

Posted by Amy Steele on Jan 21st, 2026

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 670,344 shares were traded during trading, an increase of 249% from the previous session’s volume of 192,181 shares.The stock last traded at $103.9040 and had previously closed at $102.82.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.6%

The business’s 50 day simple moving average is $102.74 and its 200 day simple moving average is $101.07. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08.

Institutional Trading of Direxion NASDAQ-100 Equal Weighted Index Shares

A number of hedge funds have recently made changes to their positions in the business. Simplex Trading LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth about $25,000. Goodman Advisory Group LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter worth $29,000. Parkside Financial Bank & Trust acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter worth $43,000. Caldwell Trust Co bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter worth about $49,000. Finally, Miller Global Investments LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $57,000.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(Get 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.