PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) Stake Held by Rockefeller Financial Services Inc.

Rockefeller Financial Services Inc. continued to hold its stake in shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,825 shares of the exchange traded fund’s stock at the end of the second quarter. Rockefeller Financial Services Inc.’s holdings in PowerShares QQQ Trust, Series 1 were worth $1,765,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. First Financial Corp IN increased its stake in shares of PowerShares QQQ Trust, Series 1 by 189.3% in the second quarter. First Financial Corp IN now owns 810 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 530 shares during the period. Bartlett & Co. LLC increased its stake in shares of PowerShares QQQ Trust, Series 1 by 29.1% in the first quarter. Bartlett & Co. LLC now owns 937 shares of the exchange traded fund’s stock valued at $124,000 after buying an additional 211 shares during the period. Signature Estate & Investment Advisors LLC bought a new stake in shares of PowerShares QQQ Trust, Series 1 during the first quarter valued at about $125,000. Botty Investors LLC bought a new stake in shares of PowerShares QQQ Trust, Series 1 during the first quarter valued at about $132,000. Finally, Hartford Financial Management Inc. bought a new stake in shares of PowerShares QQQ Trust, Series 1 during the first quarter valued at about $139,000. Institutional investors and hedge funds own 39.25% of the company’s stock.

Shares of PowerShares QQQ Trust, Series 1 (NASDAQ QQQ) traded up 0.76% during midday trading on Friday, reaching $142.10. 45,862,488 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $141.65 and a 200 day moving average price of $135.65. PowerShares QQQ Trust, Series 1 has a 12 month low of $113.45 and a 12 month high of $145.96. PowerShares QQQ Trust, Series 1 also was the recipient of some unusual options trading activity on Thursday. Stock traders acquired 652,577 put options on the company. This represents an increase of 125% compared to the typical daily volume of 289,958 put options.

The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were paid a $0.3784 dividend. This represents a $1.51 dividend on an annualized basis and a yield of 1.07%. This is a boost from PowerShares QQQ Trust, Series 1’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, June 16th.

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Separately, Vetr upgraded shares of PowerShares QQQ Trust, Series 1 from a “strong sell” rating to a “hold” rating and set a $139.96 price objective for the company in a research report on Tuesday, May 23rd.

About PowerShares QQQ Trust, Series 1

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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