Invesco Expands QQQ Innovation Suite to Include Small-Cap ETF
ATLANTA, Oct. 13, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today the expansion of the Invesco QQQ Innovation Suite to include a new exchange‑traded fund (ETF) that will access smaller-cap companies screened by a key marker of innovation – high quality patents. The Invesco NASDAQ Future Gen 200 ETF (QQQS) will add an efficient overlay to small-cap and micro-cap companies listed on The Nasdaq Stock Market that are not included in the Nasdaq 100 Index® or Nasdaq Next Generation 100 Index™. High quality and high value patents may be an indicator of future innovation potential in a smaller-cap company.
- "Companies included in the Invesco QQQ Innovation Suite have always spent considerably more on research and development1 and Invesco wanted to capture that same commitment to innovation on a smaller cap-tier," said John Hoffman, Americas Head of ETFs and Index Strategies, Invesco.
- The sponsor of the Invesco QQQ TrustSM, Series 1 (QQQ), a unit investment trust, is Invesco Capital Management LLC (Invesco).
- The Invesco NASDAQ 100 ETF, Invesco NASDAQ Next Gen 100 ETF, and Invesco NASDAQ Future Gen 200 ETF are not sponsored, endorsed, sold or promoted by the Nasdaq, Inc. or its affiliates (Nasdaq, Inc., with its affiliates, are referred to as the "Corporations").
- The Corporations have no liability in connection with the administration, marketing or trading of Invesco NASDAQ 100 ETF, Invesco NASDAQ Next Gen 100 ETF, and Invesco NASDAQ Future Gen 200 ETF.