Axxcess Wealth Management LLC Sells 14,397 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Axxcess Wealth Management LLC lowered its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQEFree Report) by 5.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 256,903 shares of the company’s stock after selling 14,397 shares during the quarter. Axxcess Wealth Management LLC owned about 2.38% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $19,209,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 4,689.6% in the first quarter. Goldman Sachs Group Inc. now owns 2,262,334 shares of the company’s stock valued at $174,992,000 after acquiring an additional 2,215,100 shares during the period. Berkshire Money Management Inc. boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 72.1% in the third quarter. Berkshire Money Management Inc. now owns 720,898 shares of the company’s stock valued at $53,902,000 after acquiring an additional 302,018 shares during the period. BNP Paribas Arbitrage SNC bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at approximately $15,396,000. JPMorgan Chase & Co. bought a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the first quarter valued at approximately $11,603,000. Finally, UBS Group AG boosted its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 156.2% in the third quarter. UBS Group AG now owns 157,491 shares of the company’s stock valued at $11,776,000 after acquiring an additional 96,029 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of QQQE traded up $0.95 during mid-day trading on Friday, hitting $89.24. The company’s stock had a trading volume of 190,473 shares, compared to its average volume of 196,211. Direxion NASDAQ-100 Equal Weighted Index Shares has a one year low of $66.28 and a one year high of $89.49. The firm has a market capitalization of $1.17 billion, a PE ratio of 20.91 and a beta of 1.05. The stock’s 50-day moving average is $85.74 and its two-hundred day moving average is $79.87.

Direxion NASDAQ-100 Equal Weighted Index Shares Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Friday, December 22nd were paid a $0.2457 dividend. The ex-dividend date was Thursday, December 21st. This represents a $0.98 dividend on an annualized basis and a dividend yield of 1.10%.

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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