PowerShares QQQ Trust, Series 1 (QQQ) Shares Bought by Bailard Inc.

Bailard Inc. boosted its stake in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) by 477.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 420,844 shares of the exchange traded fund’s stock after acquiring an additional 347,940 shares during the period. PowerShares QQQ Trust, Series 1 accounts for approximately 4.1% of Bailard Inc.’s holdings, making the stock its 4th biggest holding. Bailard Inc. owned 0.11% of PowerShares QQQ Trust, Series 1 worth $65,551,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. CHURCHILL MANAGEMENT Corp boosted its holdings in shares of PowerShares QQQ Trust, Series 1 by 3.7% during the 4th quarter. CHURCHILL MANAGEMENT Corp now owns 3,805,664 shares of the exchange traded fund’s stock valued at $592,770,000 after buying an additional 136,405 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of PowerShares QQQ Trust, Series 1 by 0.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,599,211 shares of the exchange traded fund’s stock valued at $234,183,000 after buying an additional 4,448 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of PowerShares QQQ Trust, Series 1 by 2.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,257,255 shares of the exchange traded fund’s stock valued at $195,834,000 after buying an additional 32,702 shares in the last quarter. Commonwealth Equity Services Inc boosted its holdings in shares of PowerShares QQQ Trust, Series 1 by 2.4% during the 3rd quarter. Commonwealth Equity Services Inc now owns 1,215,001 shares of the exchange traded fund’s stock valued at $176,721,000 after buying an additional 28,452 shares in the last quarter. Finally, Mizuho Bank Ltd. bought a new stake in shares of PowerShares QQQ Trust, Series 1 during the 3rd quarter valued at $145,450,000. Institutional investors and hedge funds own 37.84% of the company’s stock.

Shares of PowerShares QQQ Trust, Series 1 (QQQ) opened at $159.69 on Wednesday. PowerShares QQQ Trust, Series 1 has a fifty-two week low of $127.74 and a fifty-two week 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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