Whittier Trust Co. of Nevada Inc. lowered its position in shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 1.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 83,340 shares of the exchange traded fund’s stock after selling 1,005 shares during the period. PowerShares QQQ Trust, Series 1 makes up approximately 1.1% of Whittier Trust Co. of Nevada Inc.’s portfolio, making the stock its 21st largest position. Whittier Trust Co. of Nevada Inc.’s holdings in PowerShares QQQ Trust, Series 1 were worth $12,981,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of QQQ. Schwab Charles Investment Management Inc. boosted its holdings in PowerShares QQQ Trust, Series 1 by 82.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 4,287 shares of the exchange traded fund’s stock worth $591,000 after purchasing an additional 1,937 shares during the last quarter. UBS Asset Management Americas Inc. boosted its holdings 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 purchasing an additional 291 shares during the last quarter. FMR LLC boosted its holdings in PowerShares QQQ Trust, Series 1 by 4.3% in the second quarter. FMR LLC now owns 132,530 shares of the exchange traded fund’s stock worth $18,241,000 after purchasing an additional 5,512 shares during the last quarter. Parametric Portfolio Associates LLC boosted its holdings in PowerShares QQQ Trust, Series 1 by 96.5% in the second quarter. Parametric Portfolio Associates LLC now owns 33,416 shares of the exchange traded fund’s stock worth $8,735,000 after purchasing an additional 16,414 shares during the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in PowerShares QQQ Trust, Series 1 in the second quarter worth approximately $15,718,000. Institutional investors own 39.14% of the company’s stock.

PowerShares QQQ Trust, Series 1 (QQQ) opened at $156.10 on Friday. PowerShares QQQ Trust, Series 1 has a one year low of $126.56 and a one year high of $170.95.

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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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