Invesco PowerShares Celebrates 10-Year Anniversary of PowerShares QQQ(TM)
11 March 2009 - 12:00AM
Marketwired
Invesco PowerShares Capital Management LLC, a leading provider of
exchange-traded funds (ETFs), today announces the 10-year
anniversary of the PowerShares QQQ(TM) Portfolio (NASDAQ: QQQQ).
"Since trading began on March 10, 1999, the PowerShares QQQ(TM)
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 QQQ(TM) 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 QQQ(TM), 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 QQQ(TM) 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
QQQ(TM). Today, PowerShares QQQ(TM) 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
Portfolio
Ticker Name 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
SYMC 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.
Invesco PowerShares Capital Management LLC is leading the
intelligent ETF revolution through its family of more than 130
domestic and international exchange-traded funds, which seek to
outperform traditional benchmark indexes while providing advisors
and investors access to an innovative array of focused investment
opportunities. With assets under management of $9.15 billion as of
Dec. 31, 2008, PowerShares ETFs trade on all three U.S. stock
exchanges. For more information, please visit us at
www.invescopowershares.com.
Invesco PowerShares is a wholly owned subsidiary of Invesco
Ltd., a leading independent global investment management firm
dedicated to helping people worldwide build their financial
security. Invesco provides a comprehensive array of enduring
investment solutions for retail, institutional and high- net-worth
clients around the world. Operating in 20 countries, the firm is
listed on the New York Stock Exchange under the symbol "IVZ."
Additional information is available at www.invesco.com.
(1) Source: Bloomberg, as of March 4, 2009
There are risks involved with investing in ETFs including
possible loss of money. Shares are not actively managed and are
subject to risk similar to stocks and covered call options, as well
as those risks related to short selling and margin maintenance.
Ordinary brokerage commissions apply.
Shares are not FDIC insured, may lose value and have no bank
guarantee.
PowerShares� is a registered trademark of Invesco PowerShares
Capital Management LLC (Invesco PowerShares). Invesco PowerShares
Capital Management LLC and Invesco Aim Distributors, Inc. are
indirect, wholly owned subsidiaries of Invesco Ltd.
NASDAQ�, NASDAQ-100�, NASDAQ-100 Index�, NASDAQ-100 Index
Tracking Stock� and QQQ� are registered trademarks of The NASDAQ
OMX Group, Inc. (which with its affiliates is referred to as the
"Corporations") and are used under license to Invesco PowerShares
Capital Management LLC. The Product(s) have not been passed on by
the Corporations as to their legality or suitability. The
Product(s) are not issued, endorsed, sold, or promoted by the
Corporations. The Corporations make no warranties and bear no
liability with respect to the product(s).
ALPS Distributors, Inc. is the distributor for QQQ. Invesco
PowerShares Capital Management LLC is not affiliated with ALPS
Distributors, Inc.
Shares are not individually redeemable and owners of the shares
may acquire those shares from the Funds and tender those shares for
redemption to the Funds in Creation Unit aggregations only,
typically consisting of 50,000 shares.
An investor should consider investment objectives, risks,
charges and expenses carefully before investing. To obtain a
prospectus, which contains this and other information about the
QQQ, a unit investment trust, please contact your broker, call
800.983.0903 or visit www.invescopowershares.com. Please read the
prospectus carefully before investing.
Media Contacts: Kristin Sadlon Porter Novelli 212-601-8192 Email
Contact Bill Conboy 303-415-2290 Email Contact QQQ000415 3/09 X
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