If you look at the underlying stocks, at least the aforementioned names, there have been substantial spikes in trading volume recently, and these names definitely seem to be in play. Direxion also offers an ETF that tracks the Nasdaq-100 Equal Weighted Index, QQQE (Direxion Nasdaq-100 Equal Weighted Index, Expense Ratio 0.35%) which remains considerably smaller in asset size at the moment with about $30.9 million in assets under management.
First Trust NASDAQ-100 Equal Weighted Index
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
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