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

Atria Wealth Solutions Inc. lowered its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 2.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,819 shares of the company’s stock after selling 201 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $595,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in QQQE. Bank of America Corp DE grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 65.3% during the 4th quarter. Bank of America Corp DE now owns 906,043 shares of the company’s stock valued at $81,335,000 after buying an additional 357,895 shares in the last quarter. Royal Bank of Canada grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 2.1% during the 4th quarter. Royal Bank of Canada now owns 421,882 shares of the company’s stock valued at $37,873,000 after buying an additional 8,600 shares in the last quarter. PKO Investment Management Joint Stock Co purchased a new position in Direxion NASDAQ-100 Equal Weighted Index Shares during the 4th quarter valued at approximately $37,703,000. Waddell & Associates LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 1.0% during the 1st quarter. Waddell & Associates LLC now owns 386,838 shares of the company’s stock valued at $33,728,000 after buying an additional 3,845 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 20.6% during the 1st quarter. LPL Financial LLC now owns 317,160 shares of the company’s stock valued at $27,653,000 after buying an additional 54,238 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

NASDAQ QQQE opened at $99.22 on Thursday. The stock has a market capitalization of $1.25 billion, a PE ratio of 27.96 and a beta of 1.05. The business has a 50 day simple moving average of $97.89 and a two-hundred day simple moving average of $92.85. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1-year low of $75.07 and a 1-year high of $100.94.

Direxion NASDAQ-100 Equal Weighted Index Shares Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were issued a $0.1422 dividend. This is a positive change from Direxion NASDAQ-100 Equal Weighted Index Shares’s previous quarterly dividend of $0.06. The ex-dividend date was Tuesday, June 24th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.6%.

Direxion NASDAQ-100 Equal Weighted Index Shares 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.