D. E. Shaw & Co. Inc. Has $582,000 Stock Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE)

D. E. Shaw & Co. Inc. cut its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 17.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,483 shares of the company’s stock after selling 1,400 shares during the period. D. E. Shaw & Co. Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $582,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. Bank of America Corp DE boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 65.3% during the fourth quarter. Bank of America Corp DE now owns 906,043 shares of the company’s stock valued at $81,335,000 after purchasing an additional 357,895 shares in the last quarter. Total Investment Management Inc. grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 3.6% during the 4th quarter. Total Investment Management Inc. now owns 685,085 shares of the company’s stock worth $61,500,000 after acquiring an additional 24,002 shares during the last quarter. Waddell & Associates LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.3% during the 4th quarter. Waddell & Associates LLC now owns 382,993 shares of the company’s stock worth $34,381,000 after acquiring an additional 8,548 shares during the last quarter. LPL Financial LLC increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.0% in the 4th quarter. LPL Financial LLC now owns 262,922 shares of the company’s stock valued at $23,603,000 after acquiring an additional 5,090 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 33.3% during the fourth quarter. BNP Paribas Financial Markets now owns 200,000 shares of the company’s stock valued at $17,954,000 after acquiring an additional 50,000 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ:QQQE opened at $92.73 on Monday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $75.07 and a 52 week high of $97.98. The firm has a market cap of $1.28 billion, a PE ratio of 26.33 and a beta of 1.05. The firm’s fifty day moving average is $87.45 and its 200-day moving average is $91.01.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.0614 dividend. This represents a $0.25 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion NASDAQ-100 Equal Weighted Index Shares Company Profile

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.