41 New Innovators Join Invesco QQQ Innovation Suite December 18, 2020
Nasdaq announced index changes last week that will be reflected in the Invesco QQQ Innovation Suite. This will be the first time investors will be able to easily capture not only the movement of companies between the Nasdaq 100 and the Nasdaq Next Gen 100 Index, but the addition of 41 new innovators to the Nasdaq Next Gen 100 Index.
“The Nasdaq Next Generation index will welcome 41 new members before market open on Monday, December 21, including six companies (seven securities) from the Nasdaq 100 Index, with a fair amount of the new entrants coming from the biotech and clean energy sectors,” says Ryan McCormack, Factor, and Core Equity Strategist at Invesco.