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Invesco Taps BlackRock's Tim Clavin for ETF Capital Markets

Invesco has hired a BlackRock ETF trading executive to lead its ETF capital markets team in the Americas.Key Takeaways: Tim Clavin moves to Invesco after about two years at BlackRock and nearly a decade at Vanguard. Equal weighting keeps RSP from leaning on the largest S&P 500 stocks, and the fund has drawn steady inflows. QQQM has drawn more new money this year than QQQ despite holding far less in assets. Tim Clavin shared the news on LinkedIn, saying he is “starting a new position as Head of ETF Capital Markets, Americas at Invesco.” His profile lists a September 2026 start date. Clavin joins from BlackRock, where he was a vice president for about two years, according to his LinkedIn profile. There, he led ETF trading solutions for institutional and wealth clients and sat on the U.S. ETF markets leadership team. Before BlackRock, he spent nearly 10 years at The Vanguard Group, Inc., his profile shows. His roles there ranged from foreign exchange and rates trading, including time in London, to managing index and ETF bond products. Capital markets teams work with trading firms to keep ETF shares trading smoothly near the value of fund holdings. At Invesco, the five largest ETFs alone hold about $751 billion, according to ETF Database. That job can look different from one fund to the next. Some of Invesco’s biggest ETFs trade millions of shares daily, ETF Database data shows. Others see less trading but steady inflows from long-term investors.A Closer Look at Invesco's Largest ETFsThe Invesco QQQ Trust (QQQ B) leads the lineup with $501.5 billion in assets, according to ETF Database. It also trades about 37.2 million shares a day on average, the most of their top five funds. Its lower-cost sibling, the Invesco NASDAQ 100 ETF (QQQM B+), holds $110 billion and charges 0.15% a year, ETF Database data shows. That compares with 0.18% for QQQ, though both track the Nasdaq-100 Index. The Invesco S&P 500 Equal Weight ETF (RSP B+) ranks third, with $97.3 billion, according to ETF Database. Rather than letting the biggest companies dominate, it gives each S&P 500 stock roughly the same weight. The fund has also taken in $13.7 billion in net inflows this year. See More: Invesco S&P 500 Equal Weight ETF (RSP) Surpasses $100B in Assets Two factor funds, which pick stocks based on specific traits, round out the top five, according to ETF Database. The Invesco S&P 500 Momentum ETF (SPMO B) holds $23.5 billion in stocks with the strongest recent price gains. It is up 28.1% year to date, the best of the five. Meanwhile, the Invesco S&P 500 Quality ETF (SPHQ B) holds $18.8 billion in profitable companies carrying low debt, ETF Database data shows. New money has favored the cheaper Nasdaq-100 option. QQQM has drawn $22.2 billion in net inflows this year, more than five times QQQ’s $4.1 billion, ETF Database shows. For more news, information, and analysis, visit the Innovative ETFs Content Hub. Invesco Distributors, Inc. is an independent company unaffiliated with VettaFi LLC (“VettaFi”). These articles do not form any kind of legal partnership, agency affiliation, or similar relationship between VettaFi and Invesco Distributors, Inc., nor is such a relationship created or implied by the articles herein. VettaFi LLC is the author and owner of these articles.

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