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Hunt for the Future Faangs Vaults Invesco ETF to $1 Billion Club

Hunt for the Future Faangs Vaults Invesco ETF to $1 Billion Club QQQJ, whose biggest holdings include Roku and CrowdStrike Holdings, has absorbed about $343 million in inflows so far this year. Katie Greifeld | Feb 16, 2021   (Bloomberg) Investors chasing the next tech wave are driving a divergence in fortunes for two of Invesco’s exchange-traded funds. The Invesco  NASDAQ Next Gen 100 ETF (ticker QQQJ) crossed the $1 billion-in-assets milestone last week, just four months after launching, according to data compiled by Bloomberg. It’s absorbed roughly $343 million in inflows so far this year, while the $162 billion Invesco QQQ Trust Series 1 (ticker QQQ) the world’s fifth-largest ETF has posted outflows of about $1.1 billion in 2021.

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