PowerShares QQQ Trust, Series 1 (QQQ) Shares Bought by Neuberger Berman Group LLC

Neuberger Berman Group LLC lifted its stake in shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 3.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,710 shares of the exchange traded fund’s stock after purchasing an additional 3,135 shares during the quarter. Neuberger Berman Group LLC’s holdings in PowerShares QQQ Trust, Series 1 were worth $14,503,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Mizuho Bank Ltd. bought a new position in shares of PowerShares QQQ Trust, Series 1 during the 3rd quarter worth approximately $145,450,000. Bank of Tokyo Mitsubishi UFJ Ltd. bought a new position in shares of PowerShares QQQ Trust, Series 1 during the 2nd quarter worth approximately $99,101,000. ING Groep NV lifted its position in shares of PowerShares QQQ Trust, Series 1 by 1,328.0% during the 3rd quarter. ING Groep NV now owns 516,407 shares of the exchange traded fund’s stock worth $75,111,000 after buying an additional 480,243 shares in the last quarter. Sun Life Financial INC lifted its position in shares of PowerShares QQQ Trust, Series 1 by 641.0% during the 2nd quarter. Sun Life Financial INC now owns 308,800 shares of the exchange traded fund’s stock worth $42,503,000 after buying an additional 267,127 shares in the last quarter. Finally, Edgestream Partners L.P. lifted its position in shares of PowerShares QQQ Trust, Series 1 by 603.3% during the 2nd quarter. Edgestream Partners L.P. now owns 225,658 shares of the exchange traded fund’s stock worth $31,060,000 after buying an additional 193,572 shares in the last quarter. 39.37% of the stock is currently owned by institutional investors and hedge funds.

Shares of PowerShares QQQ Trust, Series 1 (NASDAQ QQQ) opened at $157.37 on Tuesday. PowerShares QQQ Trust, Series 1 has a one year low of $118.14 and a one year high of $158.77.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Tuesday, December 19th will be paid a $0.3294 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.84%. This is a positive change from PowerShares QQQ Trust, Series 1’s previous quarterly dividend of $0.32. The ex-dividend date is 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.

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

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