Invesco Select Growth ETF (IVSG) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in exchange-traded common stocks of U.S. large- and mid-cap growth companies exhibiting attractive growth characteristics, as selected by the sub-adviser using a proprietary model; the portfolio typically comprises 25 holdings with heavy emphasis on technology services (35.04%), electronic technology (17.98%), and retail trade (11.53%), alongside allocations to commercial services, finance, health services, and select consumer and industrial sectors, predominantly in large-cap equities (96.82%) domiciled in the United States (93.24%), Switzerland, and China. Launched on December 22, 2020, and sponsored by Invesco Capital Management LLC, a subsidiary of Invesco Ltd.—a global investment manager founded in 1935 and headquartered in Atlanta, Georgia—the ETF operates within the large growth segment with an expense ratio of 0.59% and minimal dividend yield of 0.18%. Geographically focused on North American markets with minor international exposure through holdings, IVSG forms part of Invesco's broader suite of non-transparent active ETFs designed to mitigate front-running risks via limited daily portfolio disclosures. Invesco Ltd., the parent entity managing over $2.1 trillion in assets as of late 2025, has pursued strategic expansions including a December 2025 partnership with LGT Capital Partners to offer private equity, credit, infrastructure, and secondary investments to U.S. retail and retirement investors, alongside a May 2025 launch of three new active ETFs (QQHG, CTSK, IMF) enhancing its rules-based ETF capabilities. These initiatives reflect Invesco's ongoing commitment to scaling active and alternative strategies amid robust net inflows, with no specific reorganizations or product shifts directly impacting IVSG reported in the past 1-2 years.