Fiera Capital Corp Has $339.47 Million Stake in Invesco QQQ (NASDAQ:QQQ)

Fiera Capital Corp increased its holdings in shares of Invesco QQQ (NASDAQ:QQQ) by 2.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 695,543 shares of the exchange traded fund’s stock after acquiring an additional 17,845 shares during the quarter. Invesco QQQ comprises 1.0% of Fiera Capital Corp’s portfolio, making the stock its 29th biggest holding. Fiera Capital Corp owned 0.11% of Invesco QQQ worth $339,474,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in QQQ. Strategic Family Wealth Counselors L.L.C. boosted its holdings in Invesco QQQ by 1.2% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 6,565 shares of the exchange traded fund’s stock worth $3,204,000 after acquiring an additional 77 shares in the last quarter. SFG Wealth Management LLC. raised its holdings in Invesco QQQ by 6.2% during the third quarter. SFG Wealth Management LLC. now owns 1,585 shares of the exchange traded fund’s stock worth $774,000 after buying an additional 92 shares during the last quarter. Philip James Wealth Mangement LLC lifted its stake in shares of Invesco QQQ by 5.9% in the third quarter. Philip James Wealth Mangement LLC now owns 2,276 shares of the exchange traded fund’s stock valued at $1,111,000 after buying an additional 127 shares in the last quarter. Heritage Wealth Management Inc. increased its position in shares of Invesco QQQ by 19.1% during the third quarter. Heritage Wealth Management Inc. now owns 697 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 112 shares in the last quarter. Finally, Stone Point Wealth LLC lifted its position in Invesco QQQ by 18.5% in the 3rd quarter. Stone Point Wealth LLC now owns 1,599 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 250 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

Invesco QQQ Stock Performance

Shares of Invesco QQQ stock traded up $0.06 on Friday, hitting $513.60. The company had a trading volume of 7,833,279 shares, compared to its average volume of 38,352,340. Invesco QQQ has a 1 year low of $369.57 and a 1 year high of $514.33. The stock has a 50 day moving average of $483.00 and a 200-day moving average of $470.34.

Invesco QQQ Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd were paid a $0.677 dividend. The ex-dividend date was Monday, September 23rd. This represents a $2.71 annualized dividend and a dividend yield of 0.53%.

Invesco QQQ Profile

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