LifeWealth Investments LLC Has $2.43 Million Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

LifeWealth Investments LLC lifted its position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 30.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 24,630 shares of the company’s stock after acquiring an additional 5,702 shares during the quarter. LifeWealth Investments LLC owned approximately 0.21% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,427,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Miller Global Investments LLC purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter worth approximately $57,000. Assetmark Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $63,000. Optiver Holding B.V. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth $66,000. Pittenger & Anderson Inc. acquired a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth $75,000. Finally, American Capital Advisory LLC grew its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 15.5% during the fourth quarter. American Capital Advisory LLC now owns 1,496 shares of the company’s stock valued at $153,000 after buying an additional 201 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Trading Up 0.7%

NASDAQ:QQQE opened at $119.49 on Friday. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 27.96 and a beta of 1.09. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $95.64 and a 1-year high of $123.26. The business’s fifty day moving average price is $114.80 and its 200 day moving average price is $106.89.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

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

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.