Janney Montgomery Scott LLC Buys New Position in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Janney Montgomery Scott LLC purchased a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 2,091 shares of the company’s stock, valued at approximately $206,000.

A number of other hedge funds also recently bought and sold shares of the business. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 6,000.0% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 305 shares of the company’s stock valued at $27,000 after purchasing an additional 300 shares during the last quarter. Ancora Advisors LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 32.5% during the first quarter. Ancora Advisors LLC now owns 469 shares of the company’s stock worth $41,000 after acquiring an additional 115 shares during the last quarter. American Capital Advisory LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter worth $46,000. Purus Wealth Management LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 6.4% during the first quarter. Purus Wealth Management LLC now owns 3,340 shares of the company’s stock worth $291,000 after acquiring an additional 200 shares during the last quarter. Finally, Howard Financial Services LTD. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 18.2% during the second quarter. Howard Financial Services LTD. now owns 3,553 shares of the company’s stock worth $349,000 after acquiring an additional 548 shares during the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.5%

QQQE stock opened at $103.77 on Wednesday. The business has a fifty day moving average of $100.00 and a two-hundred day moving average of $95.69. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of 27.96 and a beta of 1.05. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $104.00.

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.