Stephens Inc. AR raised its position in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 4.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,867 shares of the exchange traded fund’s stock after purchasing an additional 2,655 shares during the period. Stephens Inc. AR’s holdings in PowerShares QQQ Trust, Series 1 were worth $8,708,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of QQQ. First Financial Corp IN lifted its position in shares of PowerShares QQQ Trust, Series 1 by 189.3% in the second quarter. First Financial Corp IN now owns 810 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 530 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of PowerShares QQQ Trust, Series 1 by 48.5% in the second quarter. UBS Asset Management Americas Inc. now owns 891 shares of the exchange traded fund’s stock valued at $123,000 after acquiring an additional 291 shares in the last quarter. Tradewinds Capital Management LLC lifted its position in shares of PowerShares QQQ Trust, Series 1 by 2.2% in the second quarter. Tradewinds Capital Management LLC now owns 924 shares of the exchange traded fund’s stock valued at $127,000 after acquiring an additional 20 shares in the last quarter. Bristlecone Advisors LLC purchased a new stake in shares of PowerShares QQQ Trust, Series 1 in the third quarter valued at $165,000. Finally, Klingman & Associates LLC purchased a new stake in shares of PowerShares QQQ Trust, Series 1 in the third quarter valued at $202,000. 52.59% of the stock is currently owned by institutional investors.

Shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) traded down $0.59 during trading hours on Friday, hitting $153.95. The stock had a trading volume of 28,679,837 shares, compared to its average volume of 28,726,288. PowerShares QQQ Trust, Series 1 has a twelve month low of $115.22 and a twelve month high of $154.89.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Tuesday, September 19th were given a $0.3194 dividend. The ex-dividend date of this dividend was Monday, September 18th. This represents a $1.28 annualized dividend and a dividend yield of 0.83%.

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About PowerShares QQQ Trust, Series 1

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.

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

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