Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Shares Bought by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. raised its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 11.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,633 shares of the company’s stock after purchasing an additional 1,115 shares during the period. Ameritas Investment Partners Inc. owned about 0.08% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,045,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in QQQE. Bank of New York Mellon Corp raised its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 7.1% during the 1st quarter. Bank of New York Mellon Corp now owns 7,660 shares of the company’s stock worth $668,000 after buying an additional 511 shares during the period. Avantax Advisory Services Inc. increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 20.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 11,053 shares of the company’s stock worth $964,000 after acquiring an additional 1,877 shares in the last quarter. Cetera Investment Advisers increased its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 14.7% in the 1st quarter. Cetera Investment Advisers now owns 28,926 shares of the company’s stock worth $2,522,000 after acquiring an additional 3,703 shares in the last quarter. LPL Financial LLC raised its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 20.6% during the first quarter. LPL Financial LLC now owns 317,160 shares of the company’s stock worth $27,653,000 after acquiring an additional 54,238 shares during the period. Finally, Total Investment Management Inc. lifted its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 4.9% during the first quarter. Total Investment Management Inc. now owns 718,322 shares of the company’s stock valued at $62,630,000 after purchasing an additional 33,237 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 0.6%

Shares of NASDAQ QQQE opened at $101.22 on Friday. The company’s 50-day simple moving average is $101.76 and its 200-day simple moving average is $98.86. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $105.37. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08.

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.