Point72 DIFC Ltd has sold a noticeable volume of shares in
Invesco Ltd (IVZ), while
UBS Asset Management increased its position in the company.
Invesco Advisers announced the liquidation of its High Income 2024 Target Term Fund, with returns notably below the set NAV Goal. The firm is set to release its 3rd Quarter 2024 results soon, and questions are arising whether its stock is currently undervalued.
Invesco QQQ Innovation Suite has broadened its ETF offerings. Despite sizeable holdings being significantly lowered by
Redwood Investment Management,
Cinctive Capital Management, and
Swedbank AB, other agencies like
Edgestream Partners,
Holocene Advisors, and
Erste Asset Management took notable positions in the company. Invesco revealed consistently monthly AUM figures, with growth indicated despite recent liquidations. Several cautionary advisories have been voiced regarding immediate purchase prior to the dividend cut-off. Despite experiencing AUM reduction, Invesco's Q3 2024 Earnings highlighted strong growth and ETF inflows. The company's dividend has been progressively increasing, with a recent distribution of $0.205. IVZ's shares experienced a gap down to $17.71 as of Nov 12, and Invesco's outlook for 2025 suggests rate cuts may provide a 'soft landing' for global markets.
Invesco also partnered with
Galaxy to launch a new Ethereum ETF. Overall, the reports suggest fluctuating confidence and ongoing modifications within the company's stock and assets.
Invesco Ltd IVZ News Analytics from Mon, 11 Mar 2024 07:00:00 GMT to Sat, 07 Dec 2024 10:36:16 GMT -
Rating 1
- Innovation 0
- Rumor -6
