Soltis Investment Advisors LLC increased its stake in Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT – Free Report) by 47.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 23,281 shares of the company’s stock after purchasing an additional 7,531 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Invesco AI and Next Gen Software ETF were worth $2,367,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of IGPT. Assetmark Inc. purchased a new stake in shares of Invesco AI and Next Gen Software ETF during the 1st quarter valued at about $32,000. Indiana Trust & Investment Management Co purchased a new position in Invesco AI and Next Gen Software ETF in the 3rd quarter worth approximately $73,000. Compass Financial Management LLC purchased a new position in Invesco AI and Next Gen Software ETF in the 2nd quarter worth approximately $94,000. BOKF NA purchased a new position in Invesco AI and Next Gen Software ETF in the 3rd quarter worth approximately $128,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Invesco AI and Next Gen Software ETF in the second quarter valued at approximately $151,000.
Invesco AI and Next Gen Software ETF Stock Down 7.5%
IGPT opened at $83.71 on Friday. The firm has a market capitalization of $1.24 billion, a P/E ratio of 28.76 and a beta of 1.43. The firm’s 50 day moving average is $95.50 and its 200-day moving average is $83.23. Invesco AI and Next Gen Software ETF has a 52-week low of $53.27 and a 52-week high of $109.32.
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.
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Want to see what other hedge funds are holding IGPT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT – Free Report).
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