Exchange Traded Concepts LLC Raises Position in Invesco Ltd. $IVZ

robot
Abstract generation in progress

Exchange Traded Concepts LLC significantly increased its stake in Invesco Ltd. (NYSE:IVZ) by 1,848.2% in the fourth quarter, now holding 235,767 shares valued at $6.19 million. This comes as Invesco beat its Q4 earnings and revenue estimates and announced a quarterly dividend of $0.21 per share. Despite mixed analyst ratings, with a consensus “Hold” and a target price of $28.46, institutional investors are actively adjusting their positions in the asset management firm.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin