## [# Invesco First-Quarter ETF Unit Assets Inch Up 1.3%](/sections/news/invesco-first-quarter-etf-unit-assets-inch-13)
# Invesco First-Quarter ETF Unit Assets Inch Up 1.3%
\- The QQQ issuer said assets in its ETF/index business rose to $491 billion.
\- Assets in the firm's flagship QQQ fell 6.8%.
\- Total company AUM was mostly unchanged from the previous quarter.
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[By Ron Day](/contributors/ron-day)
Apr 22, 2025
Edited by: David Tony
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[Invesco Ltd. (IVZ)](/stock/ivz), the fourth-largest ETF issuer, said first-quarter assets in its business that includes its exchange-traded funds gained 1.3%. However, the company's total AUM barely changed from the previous period, as tumbling markets eroded the value of its funds.
Its ETF and index business pulled in a net $16.3 billion to end the quarter with $491 billion in assets. Invesco, which is known for its [**Invesco QQQ Trust (QQQ)**](/qqq) ETF, said in a [statement](https://www.invesco.com/corporate/en/investor-relations/earnings-releases.html) that total assets dropped less than 1% to $1.8 trillion due to $42.2 billion in market losses during the quarter.
The Atlanta-based company, which [manages](https://www.etf.com/topics/invesco) 236 exchange-traded funds, said its overall long-term, or annualized, inflows fell by 31% to $17.6 billion from the fourth quarter.
On a year-over-year basis, total assets nearly tripled from $6.3 billion in last year’s first quarter.
## IVZ and Others Report Mixed Results
Invesco follows other ETF issuers, including [BlackRock Inc. (BLK)](/stock/blk), [JPMorgan Chase & Co. (JPM)](/stock/jpm), [State Street Corp. (STT)](/stock/stt) and [Charles Schwab Corp. (SCHW)](/stock/schw), that reported mixed first-quarter results, thanks to the market upheaval stemming from President Donald Trump’s tariff war.
State Street said net flows into its exchange-traded funds dropped sharply from the previous quarter, largely a result of investors pulling billions from its flagship [**SPDR S&P 500 ETF Trust (SPY)**](/SPY).
At the same time, many investors chose to buy into sliding markets. BlackRock reported $107 billion in total net inflows into ETFs for the quarter, Schwab said ETF assets rose 16% as flows jumped and JPMorgan said ETF assets jumped 39%.
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## Volatile Markets
Invesco is aiming to “help our clients navigate this volatile and complex operating environment,” CEO Andrew Schlossberg said in the statement.
Assets held by QQQ fell 6.8% to $297.2 billion, mostly due to $26.8 billion in market losses. The fund pulled in $5.1 billion during the quarter. QQQ, which was created as a unit investment trust in 1999, is the only ETF Invesco reports on separately from other investment products it sells.
### Top Invesco ETFs
[**](/topics/inves)
*Source: etf.com data*
The U.S. ETF industry’s overall inflows dipped 32% from $427 billion in last year's fourth quarter to $291 billion during the first quarter, State Street said recently, citing Morningstar Data. Still, they jumped 41% from last year’s first-quarter total of $191 billion.
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Ron Day is Contributing Editor at etf.com. He joined the company in October 2022 and has served as Managing Editor, deputy managing editor and… [View Bio](/contributors/ron-day)
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