Strategic Advisors LLC lifted its stake in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 34,642 shares of the exchange traded fund’s stock after purchasing an additional 622 shares during the quarter. PowerShares QQQ Trust, Series 1 comprises about 2.2% of Strategic Advisors LLC’s holdings, making the stock its 11th largest holding. Strategic Advisors LLC’s holdings in PowerShares QQQ Trust, Series 1 were worth $5,396,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. UBS Asset Management Americas Inc. grew its position in 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 worth $123,000 after acquiring an additional 291 shares during the period. Atlantic Trust LLC grew its position in PowerShares QQQ Trust, Series 1 by 65.2% in the third quarter. Atlantic Trust LLC now owns 920 shares of the exchange traded fund’s stock worth $134,000 after acquiring an additional 363 shares during the period. Asset Planning Services Ltd. grew its position in PowerShares QQQ Trust, Series 1 by 79.9% in the third quarter. Asset Planning Services Ltd. now owns 1,108 shares of the exchange traded fund’s stock worth $161,000 after acquiring an additional 492 shares during the period. Bristlecone Advisors LLC purchased a new position in PowerShares QQQ Trust, Series 1 in the third quarter worth approximately $165,000. Finally, FTB Advisors Inc. grew its position in PowerShares QQQ Trust, Series 1 by 74.0% in the third quarter. FTB Advisors Inc. now owns 1,223 shares of the exchange traded fund’s stock worth $178,000 after acquiring an additional 520 shares during the period. 39.36% of the stock is owned by hedge funds and other institutional investors.

Shares of PowerShares QQQ Trust, Series 1 (QQQ) traded up $1.20 during trading on Tuesday, reaching $164.49. The company had a trading volume of 37,761,000 shares, compared to its average volume of 28,211,666. PowerShares QQQ Trust, Series 1 has a 52 week low of $122.43 and a 52 week high of $164.66.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 19th were given a $0.3294 dividend. This represents a $1.32 annualized dividend and a yield of 0.80%. This is a positive change from PowerShares QQQ Trust, Series 1’s previous quarterly dividend of $0.32. The ex-dividend date was Monday, December 18th.

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PowerShares QQQ Trust, Series 1 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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