Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Sees Large Volume Increase – Should You Buy?

Shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPTGet Free Report) saw strong trading volume on Thursday . 177,969 shares changed hands during trading, an increase of 39% from the previous session’s volume of 128,344 shares.The stock last traded at $85.74 and had previously closed at $81.36.

Invesco AI and Next Gen Software ETF Price Performance

The company has a market cap of $1.13 billion, a P/E ratio of 28.76 and a beta of 1.40. The stock has a 50-day moving average of $96.45 and a 200 day moving average of $77.51.

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

A number of large investors have recently bought and sold shares of IGPT. Assetmark Inc. acquired a new position in shares of Invesco AI and Next Gen Software ETF in the 1st quarter valued at approximately $32,000. SOA Wealth Advisors LLC. boosted its position in shares of Invesco AI and Next Gen Software ETF by 71.2% during the 4th quarter. SOA Wealth Advisors LLC. now owns 570 shares of the company’s stock worth $34,000 after acquiring an additional 237 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter worth approximately $34,000. Indiana Trust & Investment Management Co acquired a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter worth approximately $43,000. Finally, Harbour Investments Inc. increased its stake in Invesco AI and Next Gen Software ETF by 13.7% in the fourth quarter. Harbour Investments Inc. now owns 1,690 shares of the company’s stock valued at $101,000 after acquiring an additional 203 shares during the last quarter.

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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