Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) Reaches New 1-Year High – Here’s What Happened

Shares of Invesco AI and Next Gen Software ETF (NYSEARCA:IGPTGet Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $95.48 and last traded at $95.48, with a volume of 32184 shares trading hands. The stock had previously closed at $91.82.

Invesco AI and Next Gen Software ETF Trading Up 2.1%

The company has a market cap of $1.13 billion, a price-to-earnings ratio of 28.76 and a beta of 1.35. The firm’s fifty day moving average price is $73.85 and its 200-day moving average price is $65.45.

Hedge Funds Weigh In On Invesco AI and Next Gen Software ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Assetmark Inc. acquired a new position in shares of Invesco AI and Next Gen Software ETF in the 1st quarter valued at $32,000. SOA Wealth Advisors LLC. grew its holdings in shares of Invesco AI and Next Gen Software ETF by 71.2% in the 4th quarter. SOA Wealth Advisors LLC. now owns 570 shares of the company’s stock valued at $34,000 after buying an additional 237 shares during the period. GGM Financials LLC acquired a new position in shares of Invesco AI and Next Gen Software ETF in the 3rd quarter valued at $34,000. International Assets Investment Management LLC acquired a new position in shares of Invesco AI and Next Gen Software ETF in the 4th quarter valued at $34,000. Finally, Indiana Trust & Investment Management Co acquired a new position in shares of Invesco AI and Next Gen Software ETF in the 4th quarter valued at $43,000.

About Invesco AI and Next Gen Software ETF

(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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