The team at a publicly traded asset manager is celebrating a big milestone for a famous fund.
| Daniel Draper|
Managing Director, global head of Invesco ETFs
Sunday was the 20th anniversary of the launch of the Invesco QQQ
], confirmed Dan Draper
, managing director and global head of Invesco ETFs. The fund, which tracks the Nasdaq 100
index, now has $66 billion in AUM, making it the sixth largest ETF in the U.S.; on average, it is the second most traded ETF in the U.S.
In an interview with CNBC
, Draper put the anniversary in the context of the context of the continued growth of the ETF industry.
"We look forward to the next 20 years," Draper states.
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