Jones Financial Companies Lllp Has $5.08 Million Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Jones Financial Companies Lllp boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 17.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 50,319 shares of the company’s stock after buying an additional 7,483 shares during the period. Jones Financial Companies Lllp owned approximately 0.42% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $5,083,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Simplex Trading LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth about $25,000. Goodman Advisory Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the 2nd quarter valued at about $29,000. Parkside Financial Bank & Trust acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter worth approximately $43,000. Caldwell Trust Co bought a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter worth approximately $49,000. Finally, Harbor Asset Planning Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at approximately $62,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $102.55 on Friday. The stock has a market capitalization of $1.21 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $107.06. The stock’s 50 day moving average price is $103.78 and its two-hundred day moving average price is $101.52.

About Direxion NASDAQ-100 Equal Weighted Index Shares

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.