From MarketBeat: Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) is Berkshire Money Management Inc.’s 5th Largest Position

From MarketBeat:



Berkshire Money Management Inc. increased its position in Direxion NASDAQ-100 Equal Weighted Index Shares by 72.1% in the third quarter, according to a report filed with the SEC. They now own 720,898 shares of the stock. Other hedge funds and institutional investors like Goldman Sachs Group Inc., RFP Financial Group LLC, Presidio Capital Management LLC, Axxcess Wealth Management LLC, and LPL Financial LLC have also adjusted their holdings in the company. Direxion NASDAQ-100 Equal Weighted Index Shares stock traded up to $84.24 on Monday with a trading volume of 187,900 shares. The company has a market capitalization of $909.79 million. Direxion NASDAQ-100 Equal Weighted Index Shares also announced a quarterly dividend of $0.2457 per share to be paid on December 29th with a yield of 1.17%. The company is an exchange-traded fund based on the NASDAQ-100 Equally Weighted index and is managed by Direxion. This news alert was generated by narrative science technology and financial data from MarketBeat. MarketBeat keeps track of top-rated research analysts and the stocks they recommend to their clients. While Direxion NASDAQ-100 Equal Weighted Index Shares currently has a “hold” rating, top-rated analysts believe there are five other stocks that are better buys.



Original: Direxion NASDAQ-100 Equal Weighted Index Shares (NASDAQ:QQQE) is Berkshire Money Management Inc.’s 5th Largest Position