Keybank National Association OH lifted its position in shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 166,837 shares of the exchange traded fund’s stock after acquiring an additional 689 shares during the period. Keybank National Association OH’s holdings in PowerShares QQQ Trust, Series 1 were worth $25,987,000 as of its most recent filing with the Securities & Exchange Commission.

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

Shares of PowerShares QQQ Trust, Series 1 (QQQ) opened at $162.68 on Thursday. PowerShares QQQ Trust, Series 1 has a 1 year low of $128.37 and a 1 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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