Wambolt & Associates LLC Boosts Stock Position in Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE)

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Wambolt & Associates LLC raised its position in shares of Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE) by 3.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 37,142 shares of the company’s stock after purchasing an additional 1,163 shares during the quarter. Direxion NASDAQ 100 Equal Weighted Index Shares accounts for 1.6% of Wambolt & Associates LLC’s portfolio, making the stock its 13th largest position. Wambolt & Associates LLC owned approximately 0.83% of Direxion NASDAQ 100 Equal Weighted Index Shares worth $2,039,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QQQE. Commonwealth Equity Services LLC boosted its stake in shares of Direxion NASDAQ 100 Equal Weighted Index Shares by 2.5% in the third quarter. Commonwealth Equity Services LLC now owns 12,759 shares of the company’s stock worth $630,000 after buying an additional 310 shares during the last quarter. Mirador Capital Partners LP purchased a new stake in shares of Direxion NASDAQ 100 Equal Weighted Index Shares in the fourth quarter worth about $238,000. SeaCrest Wealth Management LLC purchased a new stake in shares of Direxion NASDAQ 100 Equal Weighted Index Shares in the fourth quarter worth about $278,000. CWM LLC purchased a new stake in shares of Direxion NASDAQ 100 Equal Weighted Index Shares in the fourth quarter worth about $756,000. Finally, EWG Elevate Inc. purchased a new stake in shares of Direxion NASDAQ 100 Equal Weighted Index Shares in the fourth quarter worth about $3,444,000.

Shares of QQQE traded down $2.13 during mid-day trading on Thursday, reaching $52.23. The company had a trading volume of 112,800 shares, compared to its average volume of 52,585. Direxion NASDAQ 100 Equal Weighted Index Shares has a 52-week low of $45.23 and a 52-week high of $59.63. The stock has a 50 day moving average of $57.01 and a two-hundred day moving average of $52.78.

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Institutional Ownership by Quarter for Direxion NASDAQ 100 Equal Weighted Index Shares (NYSEARCA:QQQE)

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