Jane Street Group LLC Trims Position in Direxion NASDAQ 100 Equal Weighted Index Shares (QQQE)

Jane Street Group LLC cut its stake in Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE) by 75.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,162 shares of the company’s stock after selling 18,660 shares during the period. Jane Street Group LLC owned about 0.15% of Direxion NASDAQ 100 Equal Weighted Index Shares worth $278,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Pinnacle Family Advisors LLC lifted its position in Direxion NASDAQ 100 Equal Weighted Index Shares by 18.4% in the second quarter. Pinnacle Family Advisors LLC now owns 18,076 shares of the company’s stock valued at $816,000 after acquiring an additional 2,806 shares during the last quarter. Stifel Financial Corp lifted its position in Direxion NASDAQ 100 Equal Weighted Index Shares by 30.6% in the first quarter. Stifel Financial Corp now owns 13,283 shares of the company’s stock valued at $584,000 after acquiring an additional 3,112 shares during the last quarter. Allianz Life Insurance Co. of North America purchased a new stake in Direxion NASDAQ 100 Equal Weighted Index Shares in the second quarter valued at $205,000. Diligent Investors LLC lifted its position in Direxion NASDAQ 100 Equal Weighted Index Shares by 12.2% in the second quarter. Diligent Investors LLC now owns 45,589 shares of the company’s stock valued at $2,058,000 after acquiring an additional 4,955 shares during the last quarter. Finally, First Heartland Consultants Inc. lifted its position in Direxion NASDAQ 100 Equal Weighted Index Shares by 127.2% in the second quarter. First Heartland Consultants Inc. now owns 10,399 shares of the company’s stock valued at $470,000 after acquiring an additional 5,822 shares during the last quarter.

Shares of QQQE opened at $43.99 on Friday. Direxion NASDAQ 100 Equal Weighted Index Shares has a 1-year low of $41.31 and a 1-year high of $47.98.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Investors of record on Wednesday, September 26th were given a $0.0762 dividend. The ex-dividend date of this dividend was Tuesday, September 25th. This represents a $0.30 dividend on an annualized basis and a yield of 0.69%.

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Institutional Ownership by Quarter for Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE)

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