Invesco Grows QQQ Innovation Suite With 2 New ETFs
Portfolio Pulse from
Invesco has expanded its QQQ Innovation Suite by launching two new ETFs: the Invesco Top QQQ ETF (QBIG) and the Invesco QQQ Low Volatility ETF (QQLV). These additions join the well-known Invesco QQQ ETF (QQQ), which has $314 billion in assets.
December 04, 2024 | 5:30 pm
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NEUTRAL IMPACT
The Invesco QQQ ETF, part of the QQQ Innovation Suite, now has two new companion ETFs: QBIG and QQLV.
While the new ETFs QBIG and QQLV expand the QQQ Innovation Suite, the direct impact on QQQ's price is neutral as it remains a separate product.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Invesco has launched two new ETFs, QBIG and QQLV, expanding its QQQ Innovation Suite, which includes the popular QQQ ETF.
The launch of new ETFs QBIG and QQLV by Invesco is likely to attract more investors and increase assets under management, positively impacting Invesco's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80