Invesco PowerShares Expands Global ETF Footprint

Invesco PowerShares has been expanding its global ETF footprint in a big way. The company has been actively acquiring and launching new exchange-traded funds (ETFs) to cater to the diverse needs of investors.

Invesco PowerShares has a long history of innovation in the ETF space, with a product lineup that spans multiple asset classes and investment strategies. This includes a range of index and actively managed ETFs that offer investors a wide range of choices.

The company's commitment to expanding its global ETF footprint is a testament to its dedication to serving the evolving needs of investors. By continually introducing new products and expanding its existing offerings, Invesco PowerShares is well-positioned to help investors achieve their financial goals.

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Invesco PowerShares has made significant updates to its ETF family, offering investors a range of new and improved options.

The PowerShares QQQ ETF, one of the largest and most popular ETFs, has seen a significant increase in assets under management, reaching over $100 billion in 2022. This growth is a testament to the fund's enduring popularity among investors.

Investors can now access a broader range of asset classes and investment strategies through the Invesco PowerShares ETF family, including options in fixed income, international equity, and alternative investments.

Invesco PowerShares is closing 19 of its ETFs, which is less than 1% of its total assets of $25.8 billion as of March 31.

The funds being closed include PowerShares Dynamic Aggressive Growth Portfolio (PGZ) and PowerShares Dynamic Asia Pacific Portfolio (PUA), among others.

The final day of trading for these ETFs will be May 18.

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Invesco has announced cash distributions for Canadian-listed PowerShares ETFs. The distributions range from 0.01266 to 0.10438 dollars per unit.

The PowerShares ETFs that will be receiving distributions are listed below.

Invesco PowerShares has made a significant move in Mexico by expanding its ETF listings. 38 new PowerShares ETFs have been cross-listed on the Bolsa Mexicana de Valores (BMV) international segment.

This expansion adds to the 10 existing PowerShares ETFs already trading in Mexico, making Invesco PowerShares the second largest provider of ETFs in Mexico by number of funds.

The newly cross-listed ETFs trade through Mexican Depository Receipts denominated in pesos.

Invesco PowerShares has appointed local divisions of Deutsche Bank and J.P. Morgan as sponsoring brokers to facilitate this expansion.