MRA Advisory Group Has $7.09 Million Stock Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

MRA Advisory Group decreased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 42.0% in the first quarter, HoldingsChannel reports. The fund owned 71,972 shares of the company’s stock after selling 52,132 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares makes up 2.9% of MRA Advisory Group’s portfolio, making the stock its 10th largest position. MRA Advisory Group’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $7,091,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. International Assets Investment Management LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.9% in the fourth quarter. International Assets Investment Management LLC now owns 2,685 shares of the company’s stock worth $275,000 after purchasing an additional 100 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 12,466 shares of the company’s stock valued at $1,275,000 after purchasing an additional 107 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.3% during the 4th quarter. Sanctuary Advisors LLC now owns 3,767 shares of the company’s stock valued at $385,000 after purchasing an additional 122 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4.6% in the 4th quarter. Kingsview Wealth Management LLC now owns 3,076 shares of the company’s stock worth $315,000 after purchasing an additional 134 shares in the last quarter. Finally, Beck Capital Management LLC boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.9% in the 4th quarter. Beck Capital Management LLC now owns 15,724 shares of the company’s stock worth $1,609,000 after purchasing an additional 137 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

Shares of QQQE stock opened at $118.68 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $95.64 and a 1-year high of $123.26. The stock’s fifty day moving average price is $115.08 and its 200 day moving average price is $106.97. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 27.96 and a beta of 1.09.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd will be issued a $0.1895 dividend. This represents a $0.76 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 23rd.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.