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Deltec Asset Management LLC Purchases New Position in Direxion NASDAQ-100 Equal Weighted Index Shares (NYSEARCA:QQQE)

Deltec Asset Management LLC bought a new position in shares of Direxion NASDAQ-100 Equal Weighted Index Shares (NYSEARCA:QQQE – Get Rating) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,000 shares of the company’s stock, valued at approximately $319,000. […] ....

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ETF Prime: Tom Hendrickson Talks S&P 500 Concentration

In the latest episode of ETF Prime, VettaFi’s chief product and innovation officer Tom Hendrickson and host Nate Geraci discuss advisor concerns regarding the top-heaviness of major indices and highlight ETF segments that stand to benefit including equally-weighted products. ....

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