Invesco PowerShares Expands Global ETF Footprint

Author

Posted Feb 7, 2025

Reads 11K

Professional woman in red, arms crossed, in front of Remitly logo in Managua, Nicaragua.
Credit: pexels.com, Professional woman in red, arms crossed, in front of Remitly logo in Managua, Nicaragua.

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.

ETF Family Updates

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.

ETF Closures

Credit: youtube.com, Will 2024 Be a Year of ETF Closures

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.

See what others are reading: Spdr Portfolio Etfs

Announces Cash Distributions for Canadian-Listed PowerShares ETFs

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.

Expands ETF Listings in Mexico

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.

Frequently Asked Questions

What are the PowerShares of Invesco?

PowerShares is a family of exchange traded funds (ETFs) managed by Invesco Ltd, offering a range of domestic and international investment options. The first popular index ETF, PowerShares QQQs, was launched in 1999 and tracks the Nasdaq 100 index.

Is Invesco worth investing in?

Invesco appears to have strong growth prospects, making it a potentially attractive investment option for momentum investors. Further research is recommended to confirm its suitability for individual investment goals.

Angel Bruen

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.