Group 1: Invesco's AUM Performance - Invesco's preliminary assets under management (AUM) for August 2024 reached $1.75 trillion, reflecting a 1.1% increase from the previous month [1] - The company reported net long-term inflows of $2.4 billion in August, with non-management fee-earning net inflows of $0.9 billion and money market net outflows of $6.4 billion [1] - Solid market returns contributed $16 billion to AUM, while foreign exchange (FX) effects added $7.3 billion [1] - The average total AUM for the quarter through August 31 was $1.73 trillion, with average active AUM at $1 trillion [1] Group 2: AUM Breakdown by Asset Class - AUM under ETFs & Index Strategies was $444.2 billion, up 2.9% from the previous month [2] - Fundamental Fixed Income AUM grew 2.1% to $284.6 billion, while Fundamental Equities AUM increased 1.1% to $275.2 billion [2] - Private Markets AUM rose slightly to $129.6 billion, and Multi-Asset/Other AUM increased 2.1% to $62.8 billion [2] - Global Liquidity AUM decreased by 4% to $159.5 billion, while QQQs AUM rose 1.2% to $285 billion [2] Group 3: Market Context and Company Outlook - Macroeconomic headwinds are causing volatility in asset flows, which may impact Invesco's top line in the near term [3] - The company benefits from synergies from buyouts, diverse product offerings, alternative investment strategies, and a solid AUM balance [3] - In the past three months, Invesco's shares have increased by 6.5%, outperforming the industry average of 3.8% [3] Group 4: Competitive Landscape - Cohen & Steers, Inc. reported a preliminary AUM of $88.1 billion, a 4.1% increase from the prior month, driven by market appreciation and net inflows [5] - Franklin Resources, Inc. reported a preliminary month-end AUM of $1.68 trillion, marking a 1.1% rise, influenced by favorable markets but partially offset by long-term net outflows [5]

ATLANTA, Sept. 11, 2024 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ) today reported preliminary month-end assets under management (AUM) of $1,751.8 billion, an increase of 1.1% versus previous month-end. The firm delivered net long-term inflows of $2.4 billion in the month. Non-management fee earning net inflows were $0.9 billion and money market net outflows were $6.4 billion. AUM was positively impacted by favorable market returns which increased AUM by $16 billion. FX increased AUM by $7.3 billion. Prelimina ...

It's in the name -- equal weight -- but investors don't usually recognize just how powerful that subtle change can be.There's a "strange" thing going on in the broader market today, with a small number of large stocks (particularly Nvidia) largely driving market returns. That's left the Invesco S&P 500 Equal Weight ETF (RSP -1.07%) trailing the market cap weighted SPDR S&P 500 ETF (SPY -1.68%). That's not an indictment of the Invesco S&P 500 Equal Weight ETF, however. It's an indication of just how importan ...

ATLANTA, Sept. 3, 2024 /PRNewswire/ --Invesco Advisers, Inc., a subsidiary of Invesco Ltd. (NYSE: IVZ), announced today that, on August 29, 2024, shareholders of each of the following Invesco closed-end funds (collectively, the "Funds") approved amendments to the Funds' fundamental investment restrictions required by federal securities laws and the removal of certain non-standard fundamental investment restrictions not required by federal securities laws: Fund Name Ticker Invesco Advantage Municipal Income ...

The Invesco Equal Weight 0-30 Year Treasury ETF (GOVI) made its debut on 10/11/2007, and is a smart beta exchange traded fund that provides broad exposure to the Government Bond ETFs category of the market.What Are Smart Beta ETFs?For a long time now, the ETF industry has been flooded with products based on market capitalization weighted indexes, which are designed to represent the broader market or a particular market segment.A good option for investors who believe in market efficiency, market cap weighted ...

Group 1: Zacks Premium Overview - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1] - The service also includes Zacks Style Scores, which are designed to help investors identify stocks with the highest potential to outperform the market in the short term [2] Group 2: Zacks Style Scores - Zacks Style Scores consist of four categories: Value Score, Growth Score, Momentum Score, and VGM Score, each providing insights based on different investment strategies [2][3][4] - The Value Score focuses on identifying undervalued stocks using various financial ratios, while the Growth Score assesses a company's financial health and future growth potential [2][3] - The Momentum Score capitalizes on price trends and earnings outlook changes, helping investors identify optimal entry points for high-momentum stocks [3] Group 3: Zacks Rank and Style Scores Integration - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in building successful portfolios, with 1 (Strong Buy) stocks historically yielding an average annual return of +25.41% since 1988 [5] - To maximize returns, investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 that also have Style Scores of A or B, as this combination indicates a higher probability of success [6] Group 4: Company Spotlight - Invesco Ltd. - Invesco Ltd., headquartered in Atlanta, GA, is an independent investment manager with a history dating back to 1935, managing assets worth $1.72 trillion as of June 30, 2024 [7] - Currently rated 3 (Hold) on the Zacks Rank, Invesco has a VGM Score of A and a Value Style Score of A, supported by a forward P/E ratio of 10.24, making it attractive for value investors [7] - Recent analyst revisions have positively impacted Invesco's earnings estimates for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.01 to $1.65 per share, alongside an average earnings surprise of 1.9% [7]

Core Insights - The Nasdaq has been a significant driver of stock market returns, with the Nasdaq Composite index achieving annualized returns exceeding 16% over the past decade, outperforming the S&P 500 [1] Group 1: ETF Overview - The Invesco QQQ ETF tracks the Nasdaq 100 index, which includes the 100 largest non-financial companies listed on the Nasdaq, while the Fidelity Nasdaq Composite Index ETF tracks the broader Nasdaq Composite, which contains over 1,000 stocks without sector exclusions [2] - Both ETFs are weighted indices, meaning larger components represent a greater proportion of the fund's assets, and they share identical top 10 holdings [2] Group 2: Expense Ratios - The Invesco QQQ ETF has an expense ratio of 0.20%, while the Fidelity ETF has a slightly higher expense ratio of 0.21%, indicating both are low-cost options for Nasdaq exposure [3] Group 3: Performance Comparison - Over various time periods, the Invesco QQQ ETF has shown a slight performance edge compared to the Fidelity ETF, particularly during times when large-cap tech stocks perform well [4] - Performance data shows that over 1 year, Invesco QQQ ETF returned 31.4% compared to Fidelity's 31.7%, over 5 years it returned 166% versus 137%, over 10 years it returned 418% versus 340%, and over 15 years it returned 1,240% versus 916% [5] Group 4: Investment Considerations - Both index funds are considered suitable long-term holds, with arguments supporting either fund based on investor preferences for exposure to smaller Nasdaq stocks or larger mega-cap stocks [6][7]

This booming ETF has produced impressive results for investors in the past five years.The S&P 500 deservedly gets a lot of attention from the investment community, as it includes 500 of the largest and most profitable companies based in the U.S. But it's the Invesco QQQ Trust (QQQ -0.56%) that has performed significantly better for investors.This exchange-traded fund (ETF) needs to be on your radar, particularly if you're trying to supercharge your investment returns. Is the Invesco QQQ Trust a millionaire- ...

Core Viewpoint - The Invesco Bloomberg Pricing Power ETF (POWA) is designed to provide broad exposure to the Large Cap Growth segment of the US equity market, with a focus on companies that maintain stable profit margins [1][5]. Group 1: Fund Overview - POWA was launched on December 15, 2006, and has accumulated over $200.80 million in assets, categorizing it as an average-sized ETF in its segment [1]. - The ETF has an annual operating expense ratio of 0.40% and a 12-month trailing dividend yield of 1.41% [3]. Group 2: Investment Characteristics - Large cap companies typically have market capitalizations above $10 billion, characterized by stability and predictable cash flows, while growth stocks exhibit higher sales and earnings growth rates [2]. - Growth stocks, while expected to outperform in bull markets, carry higher valuations and risks compared to value stocks [2]. Group 3: Sector Exposure and Holdings - The ETF has a significant allocation to the Industrials sector, comprising about 29.50% of the portfolio, followed by Healthcare and Information Technology [4]. - Iron Mountain Inc (IRM) is the largest individual holding at approximately 2.60% of total assets, with the top 10 holdings accounting for about 22.4% of total assets under management [4]. Group 4: Performance Metrics - POWA aims to match the performance of the Bloomberg Pricing Power Index, which includes U.S. large and mid-cap companies with stable profit margins [5]. - The ETF has gained approximately 13.25% year-to-date and has remained flat over the past year, trading between $63.22 and $81.96 in the last 52 weeks [5]. Group 5: Alternatives and Market Position - POWA holds a Zacks ETF Rank of 2 (Buy), indicating strong expected returns and favorable metrics compared to peers [6]. - Other ETFs in the same space include the Vanguard Growth ETF (VUG) and Invesco QQQ (QQQ), with VUG having $136.40 billion in assets and an expense ratio of 0.04%, while QQQ has $289.91 billion and charges 0.20% [7]. Group 6: General ETF Insights - Passively managed ETFs like POWA are increasingly popular among retail and institutional investors due to their low costs, transparency, flexibility, and tax efficiency, making them suitable for long-term investment strategies [8].

Some volatility could be healthy after the epic run most technology and AI stocks have enjoyed.Artificial intelligence has dominated the stock market since early last year. The Invesco QQQ Trust ETF (QQQ 1.31%), a popular technology-leaning exchange-traded fund (ETF), has been arguably one of the best stocks for AI-focused investors. The ETF tracks an index of 100 prominent companies trading on the Nasdaq, offering investors instant diversification.In other words, you don't have to pick specific AI stocks; ...