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Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Invesco (NYSE: IVZ) hit a new 52-week high Wednesday as it is currently trading at $29.84, above its previous 52-week high of $29.23 with 1.1 million shares traded as of 10:05 a.m. ET. Average volume has been four million shares over the past 30 days. Invesco has a market cap of $12.78 billion and is part of the financial sector and financial services industry. Shares are up 10.7% year to date as of the close of trading on Tuesday. Invesco Ltd. is a publicly owned investment manager. The firm primarily provides its services to individuals, typically high net worth individuals. It also manages accounts for institutions. The firm manages separate client focused equity, fixed income, balanced portfolios. The company has a P/E ratio of 19.3, above the S&P 500 P/E ratio of 17.7.