Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Sees Unusually-High Trading Volume – What’s Next?

Invesco AI and Next Gen Software ETF (NYSEARCA:IGPTGet Free Report) saw an uptick in trading volume on Friday . 126,906 shares were traded during mid-day trading, an increase of 48% from the previous session’s volume of 85,580 shares.The stock last traded at $99.70 and had previously closed at $99.47.

Invesco AI and Next Gen Software ETF Stock Performance

The firm has a market cap of $1.13 billion, a P/E ratio of 28.76 and a beta of 1.35. The firm’s fifty day moving average price is $74.58 and its 200 day moving average price is $65.73.

Institutional Investors Weigh In On Invesco AI and Next Gen Software ETF

Several large investors have recently modified their holdings of IGPT. LPL Financial LLC increased its holdings in shares of Invesco AI and Next Gen Software ETF by 9.6% in the 4th quarter. LPL Financial LLC now owns 449,076 shares of the company’s stock valued at $26,707,000 after acquiring an additional 39,155 shares during the period. Journey Strategic Wealth LLC increased its holdings in shares of Invesco AI and Next Gen Software ETF by 7.8% in the 3rd quarter. Journey Strategic Wealth LLC now owns 303,057 shares of the company’s stock valued at $16,374,000 after acquiring an additional 21,899 shares during the period. Berkshire Money Management Inc. increased its holdings in shares of Invesco AI and Next Gen Software ETF by 0.9% in the 4th quarter. Berkshire Money Management Inc. now owns 245,620 shares of the company’s stock valued at $14,607,000 after acquiring an additional 2,105 shares during the period. Bank of America Corp DE increased its holdings in shares of Invesco AI and Next Gen Software ETF by 5.9% in the 3rd quarter. Bank of America Corp DE now owns 161,385 shares of the company’s stock valued at $8,720,000 after acquiring an additional 8,953 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of Invesco AI and Next Gen Software ETF by 7.8% in the 4th quarter. Osaic Holdings Inc. now owns 133,192 shares of the company’s stock valued at $7,921,000 after acquiring an additional 9,602 shares during the period.

Invesco AI and Next Gen Software ETF Company Profile

(Get Free Report)

The Invesco AI and Next Gen Software ETF (IGPT) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of securities that derive more than 50% of their revenue to the future media industry. These components may be from any market-cap, and from any geography. IGPT was launched on Jun 23, 2005 and is issued by Invesco.

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