Ameritas Advisory Services LLC Decreases Holdings in Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

Ameritas Advisory Services LLC lowered its stake in Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 73.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,142 shares of the company’s stock after selling 16,930 shares during the quarter. Ameritas Advisory Services LLC owned about 0.05% of Direxion NASDAQ-100 Equal Weighted Index Shares worth $624,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Janney Montgomery Scott LLC acquired a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares in the second quarter valued at approximately $206,000. CWM LLC boosted its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 138.5% in the second quarter. CWM LLC now owns 13,349 shares of the company’s stock valued at $1,312,000 after purchasing an additional 7,753 shares during the period. Mutual Advisors LLC grew its holdings in Direxion NASDAQ-100 Equal Weighted Index Shares by 6.2% during the 2nd quarter. Mutual Advisors LLC now owns 10,888 shares of the company’s stock valued at $1,093,000 after purchasing an additional 634 shares in the last quarter. LifeWealth Investments LLC increased its stake in Direxion NASDAQ-100 Equal Weighted Index Shares by 25.3% during the 2nd quarter. LifeWealth Investments LLC now owns 16,246 shares of the company’s stock worth $1,597,000 after buying an additional 3,284 shares during the period. Finally, Anson Capital Inc. acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 2nd quarter worth $281,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.1%

QQQE stock opened at $102.67 on Friday. The stock’s 50 day moving average is $103.73 and its two-hundred day moving average is $101.61. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52-week low of $75.07 and a 52-week high of $107.06. The company has a market capitalization of $1.21 billion, a PE ratio of 27.96 and a beta of 1.08.

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.