Invesco Ltd. (IVZ) has been exhibiting a strong recent performance, outperforming competitors on numerous trading days. The firm's stock has seen substantial trading from major investment entities, with
AQR Capital Management,
Marshall Wace LLP, and
Dimensional Fund Advisors LP acquiring significant chunks of IVZ shares. Conversely, other firms like
Hsbc Holdings, and
Renaissance Technologies LLC have trimmed their holdings. Invesco's Q1 and Q2 2024 earnings reports show a revenue surpass of estimates though EPS missed expectations. The firm also regularly announced its
Assets Under Management (AUM), indicating consistent updates to stakeholders. Invesco is recognized as a top momentum and value stock, gaining respect for innovation with active ETF platform expansion, and planning to launch
Invesco Galaxy Ethereum ETF (QETH) and the Bitcoin ETF (BTCO) with Galaxy. However, the long-term losses may drive institutional owners to consider drastic measures. CEO Marty Flanagan announced retirement with Andrew Schlossberg to succeed him. Invesco faced setbacks too, like a failed bid to seize the Bain-backed restructuring, and a $1.2 billion impairment hit.
Invesco Ltd IVZ News Analytics from Tue, 01 Feb 2022 08:00:00 GMT to Sun, 29 Sep 2024 10:44:20 GMT -
Rating 5
- Innovation 3
- Information 8
- Rumor 4
