Invesco shuts two more ETFs

'Low levels of demand'

Invesco has closed two ETFs following sustained lack of demand, adding to the two ETFs it closed in December 2019.

The Invesco S&P 500 VEQTOR UCITS ETF (SPVX) and the Invesco Dynamic US Market UCITS ETF (PSWC) have been wound up because they are "no longer economically viable", according to an Invesco spokesperson. Invesco's Buxton: We plan to double AUM over the next four to five years Lasting fewer than five years, the SPVX had only $1.4m assets under management (AUM) at the time of the announcement. The PSWC closes with $3.8m AUM, more than a dozen years after its launch in November 2007. The firm closed the Invesco STOXX Japan Exporters UCITS ETF (JPEX) and the Invesco STOXX Eurozone Export...