Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers lowered its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 4.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 27,739 shares of the company’s stock after selling 1,187 shares during the period. Cetera Investment Advisers owned approximately 0.22% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $2,727,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 26.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 41,663 shares of the company’s stock worth $3,633,000 after buying an additional 8,787 shares during the period. LeConte Wealth Management LLC purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the first quarter valued at about $10,162,000. Ameriprise Financial Inc. increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 0.6% during the first quarter. Ameriprise Financial Inc. now owns 625,583 shares of the company’s stock worth $54,541,000 after acquiring an additional 3,853 shares during the last quarter. CWM LLC raised its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 138.5% in the 2nd quarter. CWM LLC now owns 13,349 shares of the company’s stock worth $1,312,000 after purchasing an additional 7,753 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 16.8% in the 2nd quarter. Truist Financial Corp now owns 47,021 shares of the company’s stock valued at $4,623,000 after purchasing an additional 6,769 shares in the last quarter.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Performance

Shares of NASDAQ:QQQE opened at $101.22 on Friday. Direxion NASDAQ-100 Equal Weighted Index Shares has a 1 year low of $75.07 and a 1 year high of $105.37. The stock has a market capitalization of $1.21 billion, a P/E ratio of 27.96 and a beta of 1.08. The stock has a 50-day simple moving average of $101.76 and a 200-day simple moving average of $98.86.

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.