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Nasdaq rebalancing prompts huge flows to Invesco ETFs

The manager’s flagship QQQ fund accounted for $5.3bn of its $10.1bn July US ETF haul

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Invesco’s US exchange traded fund flows rebounded sharply in July, more than doubling the manager’s first-half tally.

A net $10.1bn flowed into the company, lifting Invesco’s business to rank third in the US ETF industry behind iShares and Vanguard, according to data from Morningstar.

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