Manchester Capital Management LLC acquired a new position in shares of PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 15,220 shares of the exchange traded fund’s stock, valued at approximately $2,371,000. PowerShares QQQ Trust, Series 1 accounts for about 0.4% of Manchester Capital Management LLC’s portfolio, making the stock its 26th largest holding.

Several other large investors have also added to or reduced their stakes in QQQ. Steward Partners Investment Advisory LLC bought a new position in PowerShares QQQ Trust, Series 1 during the 3rd quarter valued at about $1,471,000. Neuberger Berman Group LLC lifted its holdings in PowerShares QQQ Trust, Series 1 by 3.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 99,710 shares of the exchange traded fund’s stock valued at $14,503,000 after purchasing an additional 3,135 shares during the last quarter. HWG Holdings LP lifted its holdings in PowerShares QQQ Trust, Series 1 by 7,350.6% during the 3rd quarter. HWG Holdings LP now owns 20,191 shares of the exchange traded fund’s stock valued at $2,937,000 after purchasing an additional 19,920 shares during the last quarter. SignalPoint Asset Management LLC bought a new position in PowerShares QQQ Trust, Series 1 during the 3rd quarter valued at about $269,000. Finally, V Wealth Management LLC lifted its holdings in PowerShares QQQ Trust, Series 1 by 5.2% during the 4th quarter. V Wealth Management LLC now owns 39,127 shares of the exchange traded fund’s stock valued at $6,413,000 after purchasing an additional 1,917 shares during the last quarter. 37.84% of the stock is owned by institutional investors.

PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) opened at $159.69 on Wednesday. PowerShares QQQ Trust, Series 1 has a 1-year low of $127.74 and a 1-year high of $170.95.

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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.

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Institutional Ownership by Quarter for PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ)

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