Shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT – Get Free Report) saw strong trading volume on Tuesday . 124,429 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 114,577 shares.The stock last traded at $93.47 and had previously closed at $98.14.
Invesco AI and Next Gen Software ETF Stock Performance
The firm has a fifty day simple moving average of $94.09 and a 200-day simple moving average of $73.70. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 28.76 and a beta of 1.40.
Institutional Trading of Invesco AI and Next Gen Software ETF
A number of hedge funds have recently modified their holdings of IGPT. LPL Financial LLC boosted its holdings in shares of Invesco AI and Next Gen Software ETF by 9.6% during the 4th quarter. LPL Financial LLC now owns 449,076 shares of the company’s stock worth $26,707,000 after buying an additional 39,155 shares during the period. Berkshire Money Management Inc. raised its holdings in 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 raised its holdings in 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. Osaic Holdings Inc. lifted 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 acquiring an additional 9,602 shares during the last quarter. Finally, Royal Bank of Canada lifted its position in Invesco AI and Next Gen Software ETF by 282.1% during the fourth quarter. Royal Bank of Canada now owns 119,030 shares of the company’s stock worth $7,078,000 after acquiring an additional 87,882 shares during the last quarter.
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.
Featured Stories
- Five stocks we like better than Invesco AI and Next Gen Software ETF
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
- Abivax: Wall Street Catches Up to the Data
- AI Insider Activity: Are Sales Across 3 Key Stocks Noteworthy or Just Noise?
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.
