Invesco Ltd. (NYSE: IVZ), a leading global asset manager, announced today the launch of two new exchange-traded funds (ETFs) that capture timely technology themes – biotechnology and semiconductors. The new ETFs will track the Nasdaq Biotechnology Index and the PHLX Semiconductor Sector Index. These indexes, which are maintained by Nasdaq, Inc. (Nasdaq), are the longest-standing benchmarks for each of the themes that have increased in relevance through the current events of the past year.
The PHLX SOX Semiconductor Sector Index (SOX) – the most widely observed chip equity benchmark – has a new home among U.S.-listed exchange traded funds.
<p><span class="xn-org">Invesco Ltd.</span><span> (NYSE: IVZ), a leading global asset manager, announced today the launch of two new exchange-traded funds (ETFs) that capture timely technology themes – biotechnology and semiconductors. The new ETFs will track the Nasdaq Biotechnology Index and the PHLX Semiconductor Sector Index. These indexes, which are maintained by </span><span class="xn-org">Nasdaq, Inc.</span><span> (Nasdaq), are the longest-standing benchmarks for each of the themes that have increased in relevance through the current events of the past year.</span></p>