Invesco Select Growth ETF (IVSG)
Invesco Select Growth ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $10.17, up 0.05% on the session, giving a market capitalisation of $915,402. Its beta of 0.00 implies it has historically moved less than the broad market.
The Invesco Select Growth ETF endeavors to achieve its investment objectives by principally allocating capital to publicly traded equities of American companies. The fund management specifically identifies businesses believed to possess strong potential for increasing their profits or sales. While the portfolio has the flexibility to include firms of any market capitalization, it primarily focuses its holdings on large and mid-sized issuers. A notable characteristic is its highly concentrated strategy, typically comprising a select group of approximately 25 to 30 stocks. This focused approach also permits the ETF to commit more than 25% of its total assets to a single industry sector, thus classifying it as a non-diversified fund.
Invesco Select Growth ETF is most often compared with the following Financial Services names: