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 declared 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 0.84%. 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.
What is the consensus analysts' recommendation for PowerShares QQQ Trust, Series 1?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PowerShares QQQ Trust, Series 1 in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
Are investors shorting PowerShares QQQ Trust, Series 1?
PowerShares QQQ Trust, Series 1 saw a decrease in short interest in June. As of June 29th, there was short interest totalling 57,304,528 shares, a decrease of 8.5% from the June 15th total of 62,611,505 shares. Based on an average daily trading volume, of 43,598,249 shares, the short-interest ratio is presently 1.3 days. Currently, 14.9% of the shares of the company are short sold. 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), Citigroup (C), PING AN Ins Grp/S (PNGAY), 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), Mitsubishi UFJ Financial Group (MTU), Banco Santander (SAN) and American Express (AXP).
Has PowerShares QQQ Trust, Series 1 been receiving favorable news coverage?
Media headlines about QQQ stock have been trending somewhat positive this week, according to Accern. The research firm ranks the sentiment of news coverage by monitoring 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 positive one, with scores closest to one being the most favorable. PowerShares QQQ Trust, Series 1 earned a media sentiment score of 0.13 on Accern's scale. They also assigned headlines about the exchange traded fund an impact score of 47.06 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are PowerShares QQQ Trust, Series 1's major shareholders?
PowerShares QQQ Trust, Series 1's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include CHURCHILL MANAGEMENT Corp (0.32%), Fisher Asset Management LLC (0.12%), Hollencrest Capital Management (0.11%), Cohen Klingenstein LLC (0.10%), Bouchey Financial Group Ltd (0.07%) and Atria Investments LLC (0.06%). 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 CHURCHILL MANAGEMENT Corp, Money Design Co. Ltd., Sanders Morris Harris LLC, Bouchey Financial Group Ltd, Personal Resources Investment & Strategic Management Inc., Cohen Klingenstein LLC, SOL Capital Management CO and Lowe Wealth Advisors LLC. 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 bought by a variety of institutional investors in the last quarter, including Conservest Capital Advisors Inc., GenWealth Group Inc., Miller Green Financial Services Inc. ADV, Fisher Asset Management LLC, Founders Capital Management, XR Securities LLC, Summit Financial Group Inc. and Atria Investments 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 $179.61.
How big of a company is PowerShares QQQ Trust, Series 1?
PowerShares QQQ Trust, Series 1 has a market capitalization of $68.66 billion.
MarketBeat Community Rating for PowerShares QQQ Trust, Series 1 (NASDAQ 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.
