Direxion NASDAQ-100 Equal Weighted Index ETF $QQQE Stock Sold by Vise Technologies Inc.

Vise Technologies Inc. decreased its stake in Direxion NASDAQ-100 Equal Weighted Index ETF (NASDAQ:QQQE) by 45.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 13,943 shares of the company’s stock after selling 11,568 shares during the quarter. Vise Technologies Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index ETF were worth $1,675,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index ETF by 604.2% during the 3rd quarter. International Assets Investment Management LLC now owns 15,000 shares of the company’s stock valued at $1,802,000 after buying an additional 12,870 shares in the last quarter. Ballast Rock Private Wealth LLC boosted its stake in Direxion NASDAQ-100 Equal Weighted Index ETF by 32.6% in the third quarter. Ballast Rock Private Wealth LLC now owns 7,449 shares of the company’s stock worth $895,000 after buying an additional 1,832 shares in the last quarter. Sowell Financial Services LLC grew its position in Direxion NASDAQ-100 Equal Weighted Index ETF by 25.3% during the third quarter. Sowell Financial Services LLC now owns 7,536 shares of the company’s stock valued at $905,000 after acquiring an additional 1,523 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index ETF by 87.6% during the third quarter. SBI Securities Co. Ltd. now owns 499 shares of the company’s stock worth $60,000 after acquiring an additional 233 shares in the last quarter. Finally, Catalyst Investment Management LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index ETF during the third quarter worth approximately $1,157,000.

Direxion NASDAQ-100 Equal Weighted Index ETF Trading Up 0.4%

Shares of QQQE traded up $0.49 during mid-day trading on Friday, reaching $112.01. The company’s stock had a trading volume of 239,725 shares, compared to its average volume of 218,187. The stock has a market cap of $1.37 billion, a PE ratio of 27.96 and a beta of 1.10. Direxion NASDAQ-100 Equal Weighted Index ETF has a 52 week low of $95.64 and a 52 week high of $125.00. The company’s fifty day moving average price is $119.14 and its two-hundred day moving average price is $113.31.

Direxion NASDAQ-100 Equal Weighted Index ETF 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.