Edmond de Rothschild Monaco acquired a new position in PowerShares QQQ Trust, Series 1 (NASDAQ:QQQ) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SECà. The institutional investor acquired 5,070 shares of the company’s stock, valued at approximately €500,000 ($602,000). PowerShares QQQ Trust, Series 1 accounts for about 0.5 percent of Edmond de Rothschild Monaco’s investment portfolio, making the stock its 19th largest position, according to Bangalore Weekly. Edmond de Rothschild Monaco describes itself as a “bold investment house,” and as independent and … Continue reading Edmond de Rothschild Monaco takes PowerShares position