PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) was the recipient of unusually large options trading on Monday. Traders bought 764,594 put options on the company. This represents an increase of approximately 172% compared to the typical volume of 280,975 put options.

Shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) opened at 144.46 on Thursday. The company’s 50-day moving average price is $144.00 and its 200-day moving average price is $138.84. PowerShares QQQ Trust, Series 1 has a 52-week low of $113.45 and a 52-week high of $146.59.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, September 19th will be given a dividend of $0.3194 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 0.88%. The ex-dividend date of this dividend is Monday, September 18th.

Several institutional investors have recently made changes to their positions in the company. First Financial Corp IN grew its stake in 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 purchasing an additional 530 shares in the last quarter. UBS Asset Management Americas Inc. grew its stake in PowerShares QQQ Trust, Series 1 by 48.5% in the second quarter. UBS Asset Management Americas Inc. now owns 891 shares of the exchange traded fund’s stock valued at $123,000 after purchasing an additional 291 shares in the last quarter. Tradewinds Capital Management LLC grew its stake in PowerShares QQQ Trust, Series 1 by 2.2% in the second quarter. Tradewinds Capital Management LLC now owns 924 shares of the exchange traded fund’s stock valued at $127,000 after purchasing an additional 20 shares in the last quarter. Botty Investors LLC purchased a new position in PowerShares QQQ Trust, Series 1 in the first quarter valued at about $132,000. Finally, Exane Derivatives purchased a new position in PowerShares QQQ Trust, Series 1 in the second quarter valued at about $153,000. 51.79% of the stock is currently owned by institutional investors.

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PowerShares QQQ Trust, Series 1 Company 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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