Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT – Get Free Report) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 82,790 shares, an increase of 372.2% from the April 15th total of 17,532 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 66,111 shares, the days-to-cover ratio is currently 1.3 days.
Invesco AI and Next Gen Software ETF Stock Performance
NYSEARCA:IGPT opened at $89.53 on Wednesday. Invesco AI and Next Gen Software ETF has a 52-week low of $44.18 and a 52-week high of $93.78. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 28.76 and a beta of 1.35. The business’s fifty day moving average is $67.41 and its 200 day moving average is $63.05.
Institutional Trading of Invesco AI and Next Gen Software ETF
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Opus Capital Group LLC bought a new stake in shares of Invesco AI and Next Gen Software ETF during the 4th quarter valued at $1,354,000. Journey Strategic Wealth LLC raised its stake in shares of Invesco AI and Next Gen Software ETF by 7.8% during the 3rd quarter. Journey Strategic Wealth LLC now owns 303,057 shares of the company’s stock valued at $16,374,000 after purchasing an additional 21,899 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Invesco AI and Next Gen Software ETF by 27.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 73,985 shares of the company’s stock valued at $3,966,000 after purchasing an additional 15,984 shares during the period. Wealth Enhancement Advisory Services LLC raised its stake in shares of Invesco AI and Next Gen Software ETF by 109.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,725 shares of the company’s stock valued at $1,222,000 after purchasing an additional 11,350 shares during the period. Finally, SOA Wealth Advisors LLC. raised its stake 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 valued at $34,000 after purchasing an additional 237 shares during the period.
Invesco AI and Next Gen Software ETF Company Profile
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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