Seeking Alpha

PowerShares Active AlphaQ ETF (PQY)

PQY is defunct since September 30, 2011. Stopped trading due to lack of interest
PQY Description
The PowerShares Active AlphaQ Fund (Fund) rates the stocks of companies with more than $400 million market cap (about 3,000 stocks) that are traded in the United States. Weekly, the Fund's Sub-Adviser generates a master stock list that ranks these stocks, segmented by market cap, based on its proprietary stock-ranking methodology. Stocks are selected based on factors such as strong earnings growth, low valuations and positive money flow. Fund managers then define their universe as the 100 largest Nasdaq-listed Global Market Securities from their master stock list. The Fund then generally selects and purchases approximately 50 stocks.
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Country: United States
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