Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Shares Bought by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 91.7% during the 1st quarter, HoldingsChannel.com reports. The firm owned 52,632 shares of the company’s stock after buying an additional 25,180 shares during the period. Gateway Wealth Partners LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $5,186,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of QQQE. First Trust Advisors LP acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter valued at about $413,000. Florida Financial Advisors LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6.7% during the 2nd quarter. Florida Financial Advisors LLC now owns 4,014 shares of the company’s stock worth $396,000 after purchasing an additional 253 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% during the 2nd quarter. Ameriprise Financial Inc. now owns 631,319 shares of the company’s stock worth $62,072,000 after purchasing an additional 5,736 shares during the period. BNP Paribas Financial Markets raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 98.6% in the second quarter. BNP Paribas Financial Markets now owns 201,400 shares of the company’s stock valued at $19,800,000 after purchasing an additional 100,000 shares during the period. Finally, IHT Wealth Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at approximately $475,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

QQQE stock opened at $115.41 on Monday. The company has a market capitalization of $1.33 billion, a PE ratio of 27.96 and a beta of 1.08. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12-month low of $95.64 and a 12-month high of $123.26. The business’s fifty day moving average price is $118.69 and its 200 day moving average price is $109.21.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.1895 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Tuesday, June 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares Company 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.