Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:$100B In 21 Years Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, May 8, 2020

$100B In 21 Years

Reported by Neil Anderson, Managing Editor

A mutual fund giant's flagship ETF is crossing into 12-digit territory.

Lorraine Wang
Invesco
Global Head of ETF Products and Research
This morning Lorraine Wang, global head of ETF products and research at Invesco [profile], confirms that Invesco QQQ has made it to the $100-billion-AUM milestone. The 21-year-old ETF is now the fifth largest in the U.S. (When Invesco celebrated the fund's 20th birthday last year, it had $66 billion and was the sixth largest ETF.)

The ETF tracks the Nasdaq-100 Index and, the Invesco team notes, was the second most traded ETF in the U.S. as of March 31.

QQQ (also known as the Cubes, the Qs, or the Qubes) launched on March 10, 1999 on the Amex. It moved to its index's namesake exchange in 2004 and added a fourth "Q". The fourth Q was removed in 2011, and in 2018, as Invesco streamlined its branding worldwide, the "PowerShares" name was dropped from the fund. 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use