Atria Wealth Solutions Inc. Cuts Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

Atria Wealth Solutions Inc. decreased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 6.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,226 shares of the company’s stock after selling 237 shares during the period. Atria Wealth Solutions Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Sigma Planning Corp boosted its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 129.1% during the fourth quarter. Sigma Planning Corp now owns 7,789 shares of the company’s stock valued at $659,000 after purchasing an additional 4,389 shares in the last quarter. CWM LLC boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 47.1% in the 4th quarter. CWM LLC now owns 1,125 shares of the company’s stock valued at $95,000 after buying an additional 360 shares in the last quarter. Bison Wealth LLC grew its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 9.0% in the 4th quarter. Bison Wealth LLC now owns 21,485 shares of the company’s stock worth $1,818,000 after buying an additional 1,765 shares during the last quarter. Warner Financial Inc. raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 28.6% during the 4th quarter. Warner Financial Inc. now owns 13,200 shares of the company’s stock worth $1,117,000 after acquiring an additional 2,932 shares in the last quarter. Finally, Baystate Wealth Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the fourth quarter valued at approximately $112,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Down 0.2 %

Shares of QQQE opened at $86.11 on Thursday. The company has a 50 day moving average of $87.04 and a two-hundred day moving average of $83.59. The company has a market cap of $1.20 billion, a price-to-earnings ratio of 28.84 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a twelve month low of $70.18 and a twelve month high of $89.86.

Direxion NASDAQ-100 Equal Weighted Index Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were given a $0.1907 dividend. The ex-dividend date of this dividend was Tuesday, March 19th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.89%.

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.