Mission Creek Capital Partners Inc. Has $5.45 Million Stock Holdings in Invesco QQQ $QQQ

Mission Creek Capital Partners Inc. lifted its stake in shares of Invesco QQQ (NASDAQ:QQQ) by 11.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,623 shares of the exchange traded fund’s stock after purchasing an additional 1,182 shares during the quarter. Invesco QQQ accounts for 1.2% of Mission Creek Capital Partners Inc.’s holdings, making the stock its 23rd biggest holding. Mission Creek Capital Partners Inc.’s holdings in Invesco QQQ were worth $5,450,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Eagle Capital Management LLC lifted its holdings in shares of Invesco QQQ by 0.3% during the 4th quarter. Eagle Capital Management LLC now owns 60,686 shares of the exchange traded fund’s stock worth $31,025,000 after acquiring an additional 185 shares during the period. Brighton Jones LLC grew its position in Invesco QQQ by 15.0% in the fourth quarter. Brighton Jones LLC now owns 38,348 shares of the exchange traded fund’s stock valued at $19,605,000 after acquiring an additional 4,989 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Invesco QQQ by 3.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,257 shares of the exchange traded fund’s stock valued at $2,687,000 after purchasing an additional 176 shares during the last quarter. First Trust Advisors LP acquired a new stake in Invesco QQQ in the fourth quarter valued at approximately $610,000. Finally, AQR Capital Management LLC increased its holdings in shares of Invesco QQQ by 122.6% during the fourth quarter. AQR Capital Management LLC now owns 86,832 shares of the exchange traded fund’s stock worth $44,391,000 after buying an additional 47,821 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

Invesco QQQ Trading Up 0.2%

Shares of QQQ opened at $573.49 on Thursday. Invesco QQQ has a 52 week low of $402.39 and a 52 week high of $583.32. The stock has a fifty day moving average of $560.41 and a 200-day moving average of $516.76.

Invesco QQQ Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 31st. Stockholders of record on Monday, June 23rd were paid a dividend of $0.5911 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Monday, June 23rd.

About Invesco QQQ

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.