Large Outflow of Money Witnessed in PowerShares QQQ Trust Series 1

PowerShares QQQ Trust Series 1 (QQQ): The stock had negative money flow to the tune of ($62.11 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $235.27 million, whereas, the outflow of money on downticks was $297.38 million and the ratio between the two was 0.79. The block trade had a negative net money flow of ($80.26 million). The total block trade value undertaken on upticks was $35.11 million. On the other hand, downticks amounted to $115.37 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.3. PowerShares QQQ Trust Series 1 (QQQ) closed with marginal gains of 56 cents to end the day at $111.49, an increase of 0.5% over the previous days close. The stock recorded 1.08% for the week.


Institutional Investors own 42.03% of PowerShares QQQ Trust Series 1 shares.

Shares of PowerShares QQQ Trust, Series 1 rose by 3.79% in the last five trading days and 2.61% for the last 4 weeks. PowerShares QQQ Trust, Series 1 is up 2.08% in the last 3-month period. Year-to-Date the stock performance stands at 0.23%.

PowerShares QQQ Trust Series 1 (NASDAQ:QQQ): stock turned positive on Tuesday. Though the stock opened at $111.59, the bulls momentum made the stock top out at $111.79 level for the day. The stock recorded a low of $111.34 and closed the trading day at $111.49, in the green by 0.50%. The total traded volume for the day was 21,906,145. The stock had closed at $110.93 in the previous days trading.

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trusts 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.

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