Cetera Advisors LLC raised its stake in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 206,110 shares of the exchange traded fund’s stock after buying an additional 3,602 shares during the period. PowerShares QQQ Trust, Series 1 comprises about 2.0% of Cetera Advisors LLC’s portfolio, making the stock its 7th biggest position. Cetera Advisors LLC’s holdings in PowerShares QQQ Trust, Series 1 were worth $32,130,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CHURCHILL MANAGEMENT Corp boosted its position in shares of PowerShares QQQ Trust, Series 1 by 3.7% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 3,805,664 shares of the exchange traded fund’s stock valued at $592,770,000 after purchasing an additional 136,405 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of PowerShares QQQ Trust, Series 1 by 0.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,599,211 shares of the exchange traded fund’s stock valued at $234,183,000 after purchasing an additional 4,448 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of PowerShares QQQ Trust, Series 1 by 2.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,257,255 shares of the exchange traded fund’s stock valued at $195,834,000 after purchasing an additional 32,702 shares in the last quarter. Commonwealth Equity Services Inc boosted its position in shares of PowerShares QQQ Trust, Series 1 by 2.4% during the 3rd quarter. Commonwealth Equity Services Inc now owns 1,215,001 shares of the exchange traded fund’s stock valued at $176,721,000 after purchasing an additional 28,452 shares in the last quarter. Finally, Mizuho Bank Ltd. bought a new stake in shares of PowerShares QQQ Trust, Series 1 during the 3rd quarter valued at about $145,450,000. Hedge funds and other institutional investors own 37.84% of the company’s stock.

Shares of PowerShares QQQ Trust, Series 1 (NASDAQ QQQ) opened at $158.87 on Tuesday. PowerShares QQQ Trust, Series 1 has a 52-week low of $127.72 and a 52-week high of $170.95.

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PowerShares QQQ Trust, Series 1 Company Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

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Institutional Ownership by Quarter for PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ)

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