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. Invesco PowerShares Capital Management, LLC is the Sponsor of the Trust and The Bank of New York Mellon is the Trustee.
Basic Details
Issuer Invesco PowerShares
Fund NamePowershares QQQ Trust Series 1
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:QQQ
Inception Date3/10/1999
Fund Manager
WebN/A
PhoneN/A
Fund Focus
Asset ClassEquity
BenchmarkNASDAQ 100 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America
Fund Statistics
Assets Under Management$60.58 billion
Average Daily Volume$57.20 million
Discount/Premium0.31%
ETF Expenses
Management Fee0.06%
Other Expenses0.14%
Total Expenses0.20%
Fee Waiver0.00%
Net Expenses0.20%
Administrator, Advisor and Custodian
AdministratorThe Bank of New York Mellon Corporation
Advisor
Custodian
DistributorInvesco Distributors Inc.
Transfer AgentThe Bank of New York Mellon Corporation
TrusteeThe Bank of New York Mellon Corporation
Lead Market MakerNone
PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) Frequently Asked Questions
What is PowerShares QQQ Trust, Series 1's stock symbol?
PowerShares QQQ Trust, Series 1 trades on the NASDAQ under the ticker symbol "QQQ."
How often does PowerShares QQQ Trust, Series 1 pay dividends? What is the dividend yield for PowerShares QQQ Trust, Series 1?
PowerShares QQQ Trust, Series 1 announced a quarterly dividend on Monday, June 18th. Stockholders of record on Tuesday, June 19th will be paid a dividend of $0.3764 per share on Tuesday, July 31st. This represents a $1.51 annualized dividend and a dividend yield of 0.86%. The ex-dividend date of this dividend is Monday, June 18th. This is an increase from PowerShares QQQ Trust, Series 1's previous quarterly dividend of $0.28. View PowerShares QQQ Trust, Series 1's Dividend History.
Are investors shorting PowerShares QQQ Trust, Series 1?
PowerShares QQQ Trust, Series 1 saw a drop in short interest during the month of May. As of May 31st, there was short interest totalling 47,780,338 shares, a drop of 15.3% from the May 15th total of 56,392,254 shares. Based on an average daily volume of 27,281,839 shares, the days-to-cover ratio is currently 1.8 days. Currently, 12.3% of the company's shares are sold short. View PowerShares QQQ Trust, Series 1's Current Options Chain.
Who are some of PowerShares QQQ Trust, Series 1's key competitors?
Some companies that are related to PowerShares QQQ Trust, Series 1 include Wells Fargo & Co (WFC), HSBC (HSBC), PING AN Ins Grp/S (PNGAY), Citigroup (C), HSBC (HSBA), Toronto–Dominion Bank (TD), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Commonwealth Bank of Australia (CBAUF), Bank of Nova Scotia (BNS), HDFC Bank (HDB), Allianz (AZSEY), Morgan Stanley (MS), Mitsubishi UFJ Financial Group (MTU) and Banco Santander (SAN).
Has PowerShares QQQ Trust, Series 1 been receiving favorable news coverage?
Headlines about QQQ stock have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PowerShares QQQ Trust, Series 1 earned a media sentiment score of 0.18 on Accern's scale. They also assigned news stories about the exchange traded fund an impact score of 45.75 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are PowerShares QQQ Trust, Series 1's major shareholders?
PowerShares QQQ Trust, Series 1's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Natixis (0.89%), Summit Trail Advisors LLC (0.45%), Commonwealth Equity Services LLC (0.34%), Windhaven Investment Management Inc. (0.33%), US Bancorp DE (0.32%) and Mizuho Bank Ltd. (0.28%). View Institutional Ownership Trends for PowerShares QQQ Trust, Series 1.
Which major investors are selling PowerShares QQQ Trust, Series 1 stock?
QQQ stock was sold by a variety of institutional investors in the last quarter, including Windhaven Investment Management Inc., Bailard Inc., Pictet North America Advisors SA, Transamerica Financial Advisors Inc., US Bancorp DE, Mizuho Bank Ltd., Banque Pictet & Cie SA and Delek Group Ltd.. View Insider Buying and Selling for PowerShares QQQ Trust, Series 1.
Which major investors are buying PowerShares QQQ Trust, Series 1 stock?
QQQ stock was acquired by a variety of institutional investors in the last quarter, including Natixis, Summit Trail Advisors LLC, Susquehanna Foundation, ING Groep NV, Koch Industries Inc., Viridian Ria LLC, D Orazio & Associates Inc. and Strategic Wealth Advisors Group LLC. View Insider Buying and Selling for PowerShares QQQ Trust, Series 1.
How do I buy shares of PowerShares QQQ Trust, Series 1?
Shares of QQQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PowerShares QQQ Trust, Series 1's stock price today?
One share of QQQ stock can currently be purchased for approximately $175.71.
How big of a company is PowerShares QQQ Trust, Series 1?
PowerShares QQQ Trust, Series 1 has a market capitalization of $68.30 billion.
MarketBeat Community Rating for PowerShares QQQ Trust, Series 1 (QQQ)
MarketBeat's community ratings are surveys of what our community members think about PowerShares QQQ Trust, Series 1 and other stocks. Vote "Outperform" if you believe QQQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QQQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
