Invesco introduces ETF to capitalize on the growing trend of tech concentration.

An exchange-traded fund was launched by Invesco to provide investors with exposure to the top 45% of companies in the Index.

Brian Hartigan, the global head of ETFs and index instruments at the firm, manages the fifth-largest ETF in the world, according to VettaFi. Now, he is taking on the Invesco Top QQQ ETF (QBIG), which launched on December 4.

According to Hartigan, there is a need to report on the concentration of megacaps within the Nasdaq.

What investors were inquiring about was increasing exposure and capturing the main contributors to returns in the Nasdaq, as stated by Hartigan on CNBC's "ETF Edge" this week.

According to Invesco's website, as of Wednesday, some of Invesco Top QQQ ETF's top holdings were , and .

Hartigan notes investors can balance out their portfolio risk with similar funds.

He stated that investors use ETFs to balance out under or over concentration in their portfolios due to their precision.

Since its debut, Invesco Top QQQ ETF has increased by approximately 5.5% as of Friday's closing.

The ETF Store's president, Nate Geraci, observes that other new funds have emerged to enable investors to focus on megacaps.

Issuers are aware of the battle of the markets and are launching products targeting either the largest mega-cap names or avoiding them, indicating a tug of war playout, according to him.