Sheaff Brock Investment Advisors LLC Raises Holdings in PowerShares QQQ Trust, Series 1 (QQQ)

Sheaff Brock Investment Advisors LLC raised its position in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 5.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,191 shares of the exchange traded fund’s stock after buying an additional 703 shares during the quarter. Sheaff Brock Investment Advisors LLC’s holdings in PowerShares QQQ Trust, Series 1 were worth $2,064,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. United Asset Strategies Inc. increased its holdings in shares of PowerShares QQQ Trust, Series 1 by 0.3% in the second quarter. United Asset Strategies Inc. now owns 5,266 shares of the exchange traded fund’s stock valued at $725,000 after purchasing an additional 15 shares during the period. Benchmark Capital Advisors increased its holdings in shares of PowerShares QQQ Trust, Series 1 by 0.8% in the second quarter. Benchmark Capital Advisors now owns 1,915 shares of the exchange traded fund’s stock valued at $264,000 after purchasing an additional 15 shares during the period. HMS Capital Management LLC increased its holdings in shares of PowerShares QQQ Trust, Series 1 by 0.5% in the second quarter. HMS Capital Management LLC now owns 3,491 shares of the exchange traded fund’s stock valued at $480,000 after purchasing an additional 19 shares during the period. Tradewinds Capital Management LLC increased its holdings 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 purchasing an additional 20 shares during the period. Finally, Blue Fin Capital Inc. increased its holdings in shares of PowerShares QQQ Trust, Series 1 by 0.5% in the second quarter. Blue Fin Capital Inc. now owns 4,821 shares of the exchange traded fund’s stock valued at $663,000 after purchasing an additional 24 shares during the period. Institutional investors own 42.22% of the company’s stock.

PowerShares QQQ Trust, Series 1 (NASDAQ QQQ) opened at $154.49 on Monday. PowerShares QQQ Trust, Series 1 has a twelve month low of $115.22 and a twelve month high of $156.69.

ILLEGAL ACTIVITY WARNING: “Sheaff Brock Investment Advisors LLC Raises Holdings in PowerShares QQQ Trust, Series 1 (QQQ)” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another publication, it was stolen and republished in violation of US and international copyright and trademark laws. The correct version of this piece of content can be read at https://www.com-unik.info/2017/12/04/sheaff-brock-investment-advisors-llc-raises-holdings-in-powershares-qqq-trust-series-1-qqq.html.

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.

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

What are top analysts saying about PowerShares QQQ Trust Series 1? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for PowerShares QQQ Trust Series 1 and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit