Company Description
Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is a unique exchange-traded fund managed by Invesco Ltd., a global investment management firm. QOWZ focuses on companies with strong free cash flow, which is the cash remaining after a company has covered its operational expenses and capital expenditures.
QOWZ tracks the Nasdaq US Free Cash Flow Achievers™ Index, consisting of 50 U.S.-listed companies that have demonstrated consistent year-over-year increases in positive free cash flow over the past 11 years. This selection process ensures that the ETF includes companies with a proven ability to generate cash and invest in growth opportunities.
Invesco's introduction of QOWZ is a part of its broader strategy to offer innovative ETFs that cater to the dynamic needs of investors. This ETF is particularly suited for those looking to invest in high-quality growth companies with robust cash flow metrics, providing a unique alternative to traditional yield-focused or value-oriented strategies.
Invesco Ltd., the parent company of QOWZ, manages over USD 1.49 trillion in assets globally, with a presence in more than 20 countries. Invesco is renowned for its comprehensive range of investment capabilities, including active, passive, and alternative strategies. Their commitment to innovation and client-centric approach positions them as a leader in the investment management industry.
QOWZ offers investors a targeted strategy to access companies with high free cash flow, providing exposure to a different profile of companies compared to other ETFs in the market. This approach aligns well with the current macroeconomic environment, where cash flow stability and growth are highly valued.
The recent launch of QOWZ reflects Invesco's ongoing efforts to expand its suite of smart beta strategies, helping investors navigate various market conditions with innovative products designed to deliver long-term value.
Stock Performance
SEC Filings
No SEC filings available for Invesco Nasdaq Free CA Flw Achiev ETF.