Carr Financial Group Corp Reduces Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Carr Financial Group Corp lowered its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 32.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,537 shares of the company’s stock after selling 5,981 shares during the period. Carr Financial Group Corp owned about 0.10% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $1,274,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in QQQE. Tradition Wealth Management LLC grew its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 5.2% during the 1st quarter. Tradition Wealth Management LLC now owns 18,934 shares of the company’s stock worth $1,651,000 after buying an additional 938 shares during the last quarter. Frisch Financial Group Inc. boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 38.2% in the first quarter. Frisch Financial Group Inc. now owns 240,535 shares of the company’s stock valued at $20,972,000 after acquiring an additional 66,538 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 0.6% in the first quarter. Ameriprise Financial Inc. now owns 625,583 shares of the company’s stock valued at $54,541,000 after acquiring an additional 3,853 shares during the period. Purus Wealth Management LLC grew its position in shares of 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, Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $3,633,000 after acquiring an additional 8,787 shares during the period.

Direxion NASDAQ-100 Equal Weighted Index Shares Price Performance

QQQE stock opened at $101.55 on Thursday. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 27.96 and a beta of 1.08. The company has a fifty day moving average price of $102.16 and a 200 day moving average price of $99.79. Direxion NASDAQ-100 Equal Weighted Index Shares has a 12 month low of $75.07 and a 12 month high of $105.37.

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.