PKO Investment Management Joint Stock Co decreased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Free Report) by 76.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 100,000 shares of the company’s stock after selling 320,000 shares during the quarter. Direxion NASDAQ-100 Equal Weighted Index Shares comprises approximately 1.1% of PKO Investment Management Joint Stock Co’s portfolio, making the stock its 25th biggest position. PKO Investment Management Joint Stock Co owned 0.79% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $9,831,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 6,000.0% during the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 305 shares of the company’s stock valued at $27,000 after buying an additional 300 shares during the period. Ancora Advisors LLC lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 32.5% during the first quarter. Ancora Advisors LLC now owns 469 shares of the company’s stock valued at $41,000 after buying an additional 115 shares during the period. American Capital Advisory LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter valued at $46,000. Harbor Asset Planning Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter valued at $62,000. Finally, Total Clarity Wealth Management Inc. purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the second quarter valued at $200,000.
Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.4%
Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $103.99 on Friday. The firm has a market capitalization of $1.30 billion, a P/E ratio of 27.96 and a beta of 1.05. The business has a fifty day simple moving average of $100.29 and a two-hundred day simple moving average of $96.10. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $75.07 and a 12 month high of $104.59.
About Direxion NASDAQ-100 Equal Weighted Index Shares
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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