B&D White Capital Company LLC Sells 19,173 Shares of Direxion NASDAQ-100 Equal Weighted Index Shares $QQQE

B&D White Capital Company LLC lowered its stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) by 82.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 4,202 shares of the company’s stock after selling 19,173 shares during the quarter. B&D White Capital Company LLC’s holdings in Direxion NASDAQ-100 Equal Weighted Index Shares were worth $430,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Waddell & Associates LLC increased its position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares by 3.2% during the 3rd quarter. Waddell & Associates LLC now owns 407,902 shares of the company’s stock valued at $41,447,000 after purchasing an additional 12,839 shares during the last quarter. JPMorgan Chase & Co. grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 13,007.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 19,661 shares of the company’s stock valued at $1,998,000 after acquiring an additional 19,511 shares during the last quarter. SteelPeak Wealth LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $56,917,000. UBS Group AG grew its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 14.7% in the 4th quarter. UBS Group AG now owns 225,759 shares of the company’s stock valued at $23,097,000 after acquiring an additional 28,901 shares during the last quarter. Finally, Ballast Rock Private Wealth LLC bought a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the 4th quarter valued at $574,000.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 1.2%

Shares of Direxion NASDAQ-100 Equal Weighted Index Shares stock opened at $119.65 on Friday. The stock’s fifty day moving average is $111.29 and its two-hundred day moving average is $105.69. The company has a market capitalization of $1.34 billion, a PE ratio of 27.96 and a beta of 1.09. Direxion NASDAQ-100 Equal Weighted Index Shares has a 52 week low of $94.29 and a 52 week high of $122.07.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a $0.1627 dividend. This represents a $0.65 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.