Invesco Next Gen Connectivity ETF (KNCT)
Invesco Next Gen Connectivity ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Downers Grove, IL, US. The stock last traded at $199.63, up 2.18% on the session, giving a market capitalisation of $55.5M. Its beta of 1.37 implies it has historically moved more than the broad market.
The Invesco Next Gen Connectivity Exchange Traded Fund (ETF) is designed to mirror the performance of the STOXX World AC NexGen Connectivity Index. A significant portion, typically at least 90%, of the fund's capital is allocated to the common stocks that make up this benchmark index. The Index itself comprises companies that generate substantial revenue from innovative technologies or products essential for fostering future connectivity. Both the ETF's portfolio and the underlying index undergo quarterly adjustments and rebalancing, which occur after the market closes on the second Friday of March, June, September, and December.
Invesco Next Gen Connectivity ETF is most often compared with the following Financial Services names: