Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) Sets New 1-Year High – Here’s Why

Posted by Logan Wallace on Jun 15th, 2026

Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE – Get Free Report) reached a new 52-week high on Monday . The company traded as high as $122.74 and last traded at $122.74, with a volume of 704 shares. The stock had previously closed at $119.65.

Direxion NASDAQ-100 Equal Weighted Index Shares Stock Up 2.3%

The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 27.96 and a beta of 1.09. The stock has a fifty day moving average price of $111.29 and a two-hundred day moving average price of $105.74.

Direxion NASDAQ-100 Equal Weighted Index Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a $0.1627 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Direxion NASDAQ-100 Equal Weighted Index Shares

Several institutional investors have recently added to or reduced their stakes in QQQE. Miller Global Investments LLC acquired a new position in Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter valued at $57,000. Assetmark Inc. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $63,000. Optiver Holding B.V. purchased a new stake in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the third quarter worth about $66,000. Pittenger & Anderson Inc. acquired a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares in the fourth quarter worth about $75,000. Finally, PNC Financial Services Group Inc. purchased a new stake in Direxion NASDAQ-100 Equal Weighted Index Shares during the 1st quarter worth approximately $89,000.

About Direxion NASDAQ-100 Equal Weighted Index Shares

(Get Free Report)

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.