Invesco Focused Discovery Growth ETF (IVDG)
Invesco Focused Discovery Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $10.05, up 0.00% on the session, giving a market capitalisation of $602,775. Its beta of 0.00 implies it has historically moved less than the broad market.
The ETF's objective is to meet its investment goals by primarily allocating capital to common shares of U.S. companies that are publicly traded. Invesco Advisers, Inc., acting as the Sub-Adviser, selects these companies based on their expected superior growth trajectories. The fund's focus is on either nascent businesses or more mature enterprises that are just entering the rapid-growth phase of their operational cycle, which is typically characterized by exceptional expansion. Although it has the flexibility to invest in companies of all market capitalization sizes, its holdings will mainly consist of mid-capitalization issuers. The fund utilizes a concentrated, non-diversified investment strategy.
Invesco Focused Discovery Growth ETF is most often compared with the following Financial Services names: