Shares of Invesco Ltd (NYSE:IVZ) traded today at $27.68, eclipsing its 52-week high. Approximately 718,000 shares have changed hands today, as compared to an average 30-day volume of 3.9 million shares.
Invesco Ltd (NYSE:IVZ) is currently priced 3.1% above its average consensus analyst price target of $26.44.
Invesco Ltd share prices have moved between a 52-week high of $27.68 and a 52-week low of $6.38 and are now trading 328% above that low price at $27.29 per share.
Invesco Ltd provides investment management services to retail (70% of managed assets) and institutional (30%) clients. At the end of 2020, the firm had $1.350 trillion in assets under management spread out among its equity (51% of AUM), balanced (6%), fixed-income (22%), alternative investment (13%), and money market (8%) operations. Passive products accounted for 27% of Invesco’s total AUM–44% of the company’s equity operations and 12% of its fixed-income platform–at the end of 2020. Invesco’s U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with just over 30% of its AUM sourced from Canada (2%), the U.K. (5%), continental Europe (11%), and Asia (13%).
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