Invesco PowerShares Celebrates 10-Year Anniversary Of PowerShares QQQ
By Grace Cheng on March 10, 2009 | More Posts By Grace Cheng | Author's Website
Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), today announces the 10-year anniversary of the PowerShares QQQTM Portfolio [[QQQQ]].
“Since trading began on March 10, 1999, the PowerShares QQQTM has become one of the most actively traded securities in the world, fostering wide-scale acceptance of the ETF structure among institutions, traders and retail investors,” said Bruce Bond, president and CEO of Invesco PowerShares. “Today we are proudly celebrating with the NASDAQ OMX Group the success of this landmark ETF.”
PowerShares QQQTM has maintained an average daily trading volume of over 92 million shares, making it the most traded equity security in the world since its inception.1 The PowerShares QQQTM, formerly known as “NASDAQ-100 Index Tracking Stock®“, is based on the NASDAQ-100 Index®. The Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The PowerShares QQQTM represents companies across major industry groups such as information technology, healthcare, consumer discretionary and staples, industrials, materials and telecommunication services. The portfolio is rebalanced quarterly and reconstituted annually.
Effective March 21, 2007, The NASDAQ OMX Group, Inc. transferred sponsorship of QQQ to Invesco PowerShares Capital Management LLC, and the NASDAQ-100 Index Tracking Stock® was renamed PowerShares QQQTM. Today, PowerShares QQQTM continues to track 100 of the largest, most innovative non-financial companies listed on The NASDAQ Stock Market.
PowerShares QQQ (NASDAQ: QQQQ) -Top 30 holdings as of 03/02/09
| Ticker | Name | Portfolio Weighting | Sector |
| AAPL | Apple Inc. | 11.25% | Information Technology |
| QCOM | QUALCOMM Inc. | 6.76% | Information Technology |
| MSFT | Microsoft Corp. | 4.99% | Information Technology |
| GOOG | Google Inc. (Cl A) | 4.92% | Information Technology |
| GILD | Gilead Sciences Inc. | 4.10% | Health Care |
| ORCL | Oracle Corp. | 3.37% | Information Technology |
| TEVA | Teva Pharmaceutical Industries Ltd. (ADS) | 3.21% | Health Care |
| CSCO | Cisco Systems Inc. | 3.09% | Information Technology |
| INTC | Intel Corp. | 2.47% | Information Technology |
| AMGN | Amgen Inc. | 2.44% | Health Care |
| RIMM | Research In Motion Ltd. | 2.15% | Information Technology |
| GENZ | Genzyme Corp. | 1.98% | Health Care |
| CELG | Celgene Corp. | 1.98% | Health Care |
| CMCSA | Comcast Corp. (Cl A) | 1.87% | Consumer Discretionary |
| AMZN | Amazon.com Inc. | 1.82% | Consumer Discretionary |
| DTV | DIRECTV Group Inc. | 1.53% | Consumer Discretionary |
| BIIB | Biogen Idec Inc. | 1.44% | Health Care |
| ADP | Automatic Data Processing Inc. | 1.22% | Information Technology |
| Symantec Corp. | 1.22% | Information Technology | |
| ATVI | Activision Blizzard Inc. | 1.21% | Information Technology |
| APOL | Apollo Group Inc. (Cl A) | 1.18% | Consumer Discretionary |
| ESRX | Express Scripts Inc. | 1.04% | Health Care |
| EBAY | eBay Inc. | 1.03% | Information Technology |
| PCAR | Paccar Inc. | 0.96% | Industrials |
| COST | Costco Wholesale Corp. | 0.96% | Consumer Staples |
| INTU | Intuit Inc. | 0.92% | Information Technology |
| SBUX | Starbucks Corp. | 0.92% | Consumer Discretionary |
| YHOO | Yahoo! Inc. | 0.87% | Information Technology |
| CA | CA Inc. | 0.87% | Information Technology |
| ADBE | Adobe Systems Inc. | 0.86% | Information Technology |
Please see website for complete holdings information. Holdings are subject to change.
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