Latest news with #Invesco
Yahoo
a day ago
- Business
- Yahoo
$6.9B Flowed Into SPY Friday as S 500 Hit New High
The SPDR S&P 500 ETF Trust (SPY) saw $6.9 billion of inflows on Friday as the S&P 500 index reached a new all-time high, according to data provided by FactSet. The Vanguard Total International Stock ETF (VXUS) added $1.2 billion, while another S&P-tracking fund, the Vanguard S&P 500 ETF (VOO) gained $1.1 billion. The Invesco QQQ Trust Series I (QQQ), which tracks the Nasdaq-100 index, added $904 million, and the SPDR Portfolio S&P 500 ETF (SPLG) collected $496.2 million. Invest in Gold American Hartford Gold: #1 Precious Metals Dealer in the Nation Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase Thor Metals Group: Best Overall Gold IRA On the outflows side, the iShares Core S&P 500 ETF (IVV) saw $1.1 billion exit the fund, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) gave up $558.7 million. Among asset classes, U.S. and international equity funds saw the greatest inflows, while outflows were seen only in the inverse ETF space. Overall, ETF flows reached $12.8 billion for the day. Track real-time ETF inflows and outflows for all tickers using ETF Fund Flows tool. Top 10 Creations (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SPY SPDR S&P 500 ETF Trust 6,850.24 655,867.64 1.04% VXUS Vanguard Total International Stock ETF 1,154.60 100,450.52 1.15% VOO Vanguard S&P 500 ETF 1,079.74 711,672.77 0.15% QQQ Invesco QQQ Trust Series I 904.00 359,931.34 0.25% SPLG SPDR Portfolio S&P 500 ETF 496.20 79,089.90 0.63% TSLL Direxion Daily TSLA Bull 2X Shares 437.77 5,955.39 7.35% IWM iShares Russell 2000 ETF 391.22 65,355.49 0.60% MBB iShares MBS ETF 371.54 39,810.21 0.93% XLF Financial Select Sector SPDR Fund 289.07 52,836.24 0.55% DGRO iShares Core Dividend Growth ETF 249.11 32,977.62 0.76% Top 10 Redemptions (All ETFs) Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change IVV iShares Core S&P 500 ETF -1,051.61 640,110.92 -0.16% DIA SPDR Dow Jones Industrial Average ETF Trust -558.68 37,740.98 -1.48% RSP Invesco S&P 500 Equal Weight ETF -534.23 74,118.89 -0.72% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF -456.32 27,216.27 -1.68% TQQQ ProShares UltraPro QQQ -349.18 27,315.60 -1.28% VCIT Vanguard Intermediate-Term Corporate Bond ETF -271.89 53,832.45 -0.51% XLE Energy Select Sector SPDR Fund -227.23 27,370.79 -0.83% ARKK ARK Innovation ETF -200.98 7,189.92 -2.80% IGV iShares Expanded Tech-Software Sector ETF -190.53 11,790.19 -1.62% XLY Consumer Discretionary Select Sector SPDR Fund -155.93 22,421.06 -0.70% ETF Daily Flows By Asset Class Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives 18.46 10,524.82 0.18% Asset Allocation 15.52 25,817.45 0.06% Commodities ETFs 11.70 227,589.14 0.01% Currency 350.26 182,323.58 0.19% International Equity 1,467.09 1,943,522.47 0.08% International Fixed Income 327.09 308,882.54 0.11% Inverse -76.46 14,458.52 -0.53% Leveraged 453.95 148,059.13 0.31% US Equity 9,277.40 7,339,386.56 0.13% US Fixed Income 923.37 1,711,410.03 0.05% Total: 12,768.37 11,911,974.25 0.11% Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the | © Copyright 2025 All rights reserved
Bloomberg
4 days ago
- Business
- Bloomberg
Will State Street Follow Invesco's Lead? Never Say Never.
State Street is in a slightly different situation. Welcome to ETF IQ, a weekly newsletter dedicated to the $14 trillion global ETF industry. I'm Bloomberg News reporter and anchor Katie Greifeld. Last week, we discussed Invesco attempting to crack open its piggy bank and share in some of the massive profits that QQQ spins off. This week, we got a few more specifics on what it might look like should Invesco succeed in converting QQQ from a unit investment trust into an open-ended fund: about $150 million per year, give or take.
Business Insider
5 days ago
- Business
- Business Insider
Invesco (IVZ) Receives a Hold from RBC Capital
RBC Capital analyst Kenneth Lee maintained a Hold rating on Invesco on July 23 and set a price target of $22.00. The company's shares closed yesterday at $21.43. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Lee covers the Financial sector, focusing on stocks such as Invesco, OneMain Holdings, and Ameriprise Financial. According to TipRanks, Lee has an average return of 18.8% and a 75.65% success rate on recommended stocks. In addition to RBC Capital, Invesco also received a Hold from Barclays's Benjamin Budish in a report issued on July 23. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Invesco (NYSE: IVZ). Based on Invesco's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.53 billion and a net profit of $230.3 million. In comparison, last year the company earned a revenue of $1.48 billion and had a net profit of $200.7 million
See - Sada Elbalad
5 days ago
- Business
- See - Sada Elbalad
Central Banks Show No Sign of Slowing Their Rush to Gold as Geopolitical Tensions Intensify Amid Trump's Policies
Waleed Farouk Central banks around the world show no indication of slowing down their push into gold, as the political and economic turmoil resulting from former U.S. President Donald Trump's foreign policies continues to fuel demand for the precious metal. According to a research report by global investment firm Invesco, central banks are steadily expanding their gold holdings, with nearly 50% of monetary authorities planning to increase their gold allocations over the next three years. 'Amid rising uncertainty and limited currency diversification options, gold has re-emerged as a fundamental pillar for enhancing reserve resilience,' said Rod Ringrow, Head of Official Institutions at Invesco. 'Gold is valued not just for its traditional role as a safe haven, but also for its political neutrality — a critical factor as geopolitical risks rise,' he added. Trump's presidency triggered widespread volatility in financial markets. His announcement of 'Liberation Day' tariffs on April 2 had a sharp negative impact on investor sentiment. U.S. stock markets recorded their worst week since the COVID-19 crash, while Asian stocks suffered their steepest declines in decades. Commenting on current market risks, JPMorgan CEO Jamie Dimon stated during the bank's quarterly earnings release last week: 'Significant risks remain — including tariffs and trade uncertainty, worsening geopolitical conditions, high fiscal deficits, and inflated asset prices.' Invesco's 13th edition of its Global Sovereign Asset Management Study (49 pages) quoted a central banker from Latin America as saying: 'Gold is a diversifier, but it is also a form of protection — a backstop when all else fails.' The study's findings align with a June survey conducted by the World Gold Council, which polled 72 central banks. It showed a record number of respondents expecting to increase their gold holdings over the next 12 months, with 43% indicating plans to boost reserves — up from 29% the previous year. Shaokai Fan, Head of Central Banks at the World Gold Council, said: 'Western countries have stopped selling gold, while emerging markets are accelerating purchases, aiming to catch up and build larger reserves.' Speaking specifically about 2024, Fan described central bank demand for gold as 'insatiable,' noting that purchases had exceeded 1,000 metric tons for the third year in a row. Central banks have become one of the primary forces driving the ongoing gold bull market, which has seen prices double since late 2022 — a trend that accelerated following Russia's invasion of Ukraine. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Sports Get to Know 2025 WWE Evolution Results News "Tensions Escalate: Iran Probes Allegations of Indian Tech Collaboration with Israeli Intelligence" News Flights suspended at Port Sudan Airport after Drone Attacks
Yahoo
6 days ago
- Business
- Yahoo
Invesco Q2 ETF Assets Leap 32% on Strong QQQM Inflows
Invesco Ltd. (IVZ), the fourth-largest ETF issuer, reported that assets in its business unit that includes exchange-traded funds leapt 32% during the second quarter, compared with the same quarter last year, as equity markets jumped. The unit's assets rose to $546.9 billion from $415.1 billion in last year's second quarter, the company said in a statement. Compared with this year's first quarter, assets swelled 11% from $491 billion. That business doesn't include results from Invesco's biggest fund, the $358.1 billion Invesco QQQ Trust (QQQ), which doesn't produce management fees due to its unit investment trust structure. As the S&P 500 gained 11% during the quarter, Invesco's ETF and index business generated $40.6 billion in market gains, nearly 12 times the $3.8 billion the business created during last year's second quarter. In this year's first quarter, the business suffered a loss of $10.9 billion as markets tumbled amid President Donald Trump ramping up a series of tariff battles with trading partners around the globe. The Atlanta-based company produces income from fees on the 242 ETFs it manages. QQQM Pulls in Big Money While QQQ doesn't generate fees, a copycat that does, the $55.1 billion Invesco NASDAQ 100 ETF (QQQM), pulled in a net $5.6 billion in flows during the quarter. The company said last week it aims to restructure QQQ as an open-ended fund and generate fees. The company highlighted 'Another strong quarter with annualized organic growth of +10% and continued market share gains with strength across geographies,' in a slide presentation. Overall, the ETF and index business's net inflows fell 23% to $12.6 billion from the first quarter and were little changed year over year. This was partially due to net outflows of $2.9 billion from the company's second-largest fund, the $73.9 billion Invesco S&P 500 Equal Weight ETF (RSP). That fund, which tracks an equal-weighted index of S&P 500 companies, charges a 0.2% management fee, compared with the passive, market-cap weighted, $701.8 billion Vanguard S&P 500 ETF (VOO), the world's largest ETF, which charges 0.03%. QQQM Second-Quarter Flows Source: and FactSet Data ETF Issuers Boosted by Market Gains Other publicly traded ETF issuers reported that second-quarter market gains boosted their businesses. The largest, Blackrock Inc. (BLK), last week said its iShares ETF franchise attracted $85 billion in net flows during the second quarter and ETF assets under management reached $4.7 trillion. Charles Schwab Corp. (SCHW), the fifth-largest U.S. ETF issuer, said assets in its exchange-traded funds rose 26% during the second quarter. WisdomTree Inc. (WT) is the final large ETF issuer set to report second-quarter earnings, which it will do Friday, July | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
