Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 73,214 shares traded hands during mid-day trading, a decline of 20% from the previous session’s volume of 91,910 shares.The stock last traded at $99.00 and had previously closed at $102.58.
Invesco AI and Next Gen Software ETF Stock Performance
The business has a 50-day moving average price of $77.77 and a 200 day moving average price of $66.92. The stock has a market capitalization of $1.13 billion, a P/E ratio of 28.76 and a beta of 1.35.
Institutional Investors Weigh In On Invesco AI and Next Gen Software ETF
Several hedge funds have recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in 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 purchasing an additional 39,155 shares during the last quarter. Journey Strategic Wealth LLC grew its position in Invesco AI and Next Gen Software ETF by 7.8% during the third quarter. Journey Strategic Wealth LLC now owns 303,057 shares of the company’s stock worth $16,374,000 after buying an additional 21,899 shares during the period. Berkshire Money Management Inc. grew its position in Invesco AI and Next Gen Software ETF by 0.9% during the fourth quarter. Berkshire Money Management Inc. now owns 245,620 shares of the company’s stock worth $14,607,000 after buying an additional 2,105 shares during the period. Bank of America Corp DE grew its position in Invesco AI and Next Gen Software ETF by 5.9% during the third quarter. Bank of America Corp DE now owns 161,385 shares of the company’s stock worth $8,720,000 after buying an additional 8,953 shares during the period. Finally, Osaic Holdings Inc. grew its position in Invesco AI and Next Gen Software ETF by 7.8% during the fourth quarter. Osaic Holdings Inc. now owns 133,192 shares of the company’s stock worth $7,921,000 after buying an additional 9,602 shares during the period.
About Invesco AI and Next Gen Software ETF
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.
Further Reading
- Five stocks we like better than Invesco AI and Next Gen Software ETF
- Rocket Lab Is Down 24% From Its 52-Week High—Pullback or Problem?
- The Blue Origin Explosion Is a Setback for Amazon, Not a Dealbreaker
- Before the IPO: 4 Companies That Rewarded Investors Who Got In Early
- Gen Z Trends Make These 3 Stocks Worth Watching
Receive News & Ratings for Invesco AI and Next Gen Software ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco AI and Next Gen Software ETF and related companies with MarketBeat.com's FREE daily email newsletter.
