Helium Advisors LLC Purchases Shares of 4,159 Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Helium Advisors LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQEFree Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 4,159 shares of the company’s stock, valued at approximately $373,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of QQQE. Runnymede Capital Advisors Inc. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $26,000. Stonebridge Financial Group LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $31,000. Kestra Investment Management LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $31,000. SBI Securities Co. Ltd. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $34,000. Finally, Global Trust Asset Management LLC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter worth about $38,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.0%

Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $93.51 on Friday. The company’s 50-day moving average price is $87.37 and its 200-day moving average price is $91.03. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $75.07 and a twelve month high of $97.98. The company has a market cap of $1.29 billion, a PE ratio of 26.33 and a beta of 1.05.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.0614 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.26%.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(Free Report)

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.

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

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